Multi-Family & Mixed-Use Loans — The Numbers Work.
Minimum DSCR
Max LTV
Unit Minimum
BBB Rating
Who we work with
Multi-Family & Mixed-Use Financing
At 5+ residential units, a property crosses from residential into commercial multi-family territory. The financing structure changes completely — loans are underwritten on the asset’s income and cash flow, debt service coverage ratio drives qualification, and the borrower’s personal income plays a secondary role. This is how serious investors prefer to transact.
Mixed-use properties — retail or commercial on the ground floor, residential above — are among the most common income-producing assets. They carry dual income streams that require dual underwriting expertise. The residential component generates predictable rental income; the commercial component introduces lease terms, tenant credit, and vacancy risk. Powerhouse Solutions underwrites both components and structures the loan against the combined NOI.
Whether the deal is a stabilised 20-unit apartment building in the Bronx, a value-add 6-unit walk-up in Brooklyn, or a retail-residential mixed-use acquisition in Queens, the core question is the same: do the numbers support the debt? If they do, we can structure the financing.
What We Finance:
- Apartment buildings — 5+ units
- Mixed-use — retail + residential
- Value-add acquisitions
- Cash-out refinance
- Bridge — unstabilised assets
- Construction to permanent
- DSCR — no tax returns required
- Portfolio loans
How We Underwrite Multi-Family & Mixed-Use
DSCR programs start at 1.0x for qualifying assets. Asset quality and cash flow can offset lower ratios on select programs.
LTV up to 75% on stabilised assets. Bridge programs typically 65–70% LTV.
DSCR programs may allow lower scores when asset cash flow is strong.
2–4 units owner-occupied financed as residential.
Apartment buildings (5+ units), mixed-use (retail + residential), stabilised and value-add assets, portfolios.
First-time commercial investors reviewed case-by-case — deal quality is the primary factor.
Conventional multi-family, DSCR (no income docs), bridge, and construction-to-permanent.
DSCR Calculation — How Qualification Works:
Verified against current rent roll and market comparables
Includes management fees, reserves, and vacancy factor (typically 5–10%)
The number that drives the loan sizing and qualification
Based on the requested loan amount and current rate
Minimum to qualify
Market or in-place rents — verified against current rent roll and market comparables
Applied to gross rents to account for turnover and lease-up periods
Taxes, insurance, maintenance, management fees, and reserves
The number that drives loan sizing and qualification — what the property earns after all operating costs
P&I on the proposed loan amount at the current rate
NOI ÷ Annual Debt Service. 1.25x is the conventional standard; 1.0x minimum on DSCR programs.
Why Investors Choose Powerhouse Solutions for Multi-Family & Mixed-Use
Send us the property address, unit count, current rent roll, and your ask. We review the deal and tell you where we stand within hours. No drawn-out pre-qualification processes, no committee approval chains. We're a direct lender — the people reviewing the deal are the people making the decision.
Our DSCR programs qualify entirely on the property's income — no W2s, no personal tax returns. For investors with multiple properties, significant write-offs, or complex income structures, this is the cleanest path to qualification. If the rent roll supports the debt service at the required ratio, you qualify. Period.
Retail-residential mixed-use buildings are among the most nuanced assets to finance. Commercial lease structures, tenant credit, co-tenancy clauses, and ground-floor vacancy risk all factor into underwriting. Powerhouse Solutions structures these loans routinely across NY, NJ, CT, PA, & FL— we understand the income dynamics and know how to size the debt correctly.
Value-add deals often require bridge financing to acquire or reposition the asset before permanent debt is viable. Powerhouse Solutions structures both bridge and permanent multi-family loans, which means we understand where the deal needs to be at stabilisation to support the permanent financing. Working with one lender through both phases eliminates the uncertainty of re-underwriting with a new institution.
Have a Deal? Send Us the Numbers.
How Fast Can We Close? Here's the Process.
Send us the property details and your strategy. No lengthy applications, no unnecessary paperwork.
We review the deal, not just the borrower. You'll know where you stand within hours.
Direct lender means no broker delays, no committee approval chains. We control the speed.
When the deal is right, we close fast. Your timeline is our priority.