Multi-Unit Residential Investment Program
Looking to purchase, refinance, or rehab a multi-unit, residential investment property? United Bank has a program to make it easy and affordable — the Multi-Unit Residential Investment Program.
This unique program offers:
- Competitive fixed rates.
- A choice of terms.
- Loan amounts up to $2,500,000 (restrictions apply).
- Purchase and refinance mortgages, including cash out options.
- Available for 5-12 unit residential investment opportunities. Also available for 1-4 unit properties (additional restrictions apply).
- Investors must have a minimum of three years’ investment experience or use a third-party professional management company.
- Property is for investment only, cannot be owner-occupied.
- Loans must be closed in an LLC with a personal guarantee.