Key facts
- For 5+ unit multifamily, mixed-use, office, retail, warehouse, self-storage and similar income property.
- Terms are set deal by deal from the property's income and your experience and finances.
Larz Martin, NMLS #2026245, arranges these loans through Lumin Lending, Inc. with access to 100+ wholesale lenders. Last updated October 2026.
What to send to get started
- Rent roll: who pays what, and lease terms.
- T12: the last 12 months of income and expenses.
- Purchase contract, or your current loan payoff for a refinance.
- Entity documents if you're buying in an LLC or corporation.
- A short summary of your experience and the business plan for the property.
How it's reviewed
Lenders look at the property's net operating income against the proposed payment, the loan-to-value, and your track record and liquidity. A clean, complete package gets a real answer much faster.
Frequently asked questions
What's the difference between DSCR and commercial?
DSCR loans are for 1–4 unit residential rentals. Five or more units, or mixed-use with commercial space, generally moves into commercial lending.
Related loan programs
Rates and program availability vary by state, property and lender. This is not a rate quote, a credit decision, an offer or a commitment to lend. Program restrictions apply. Larz Martin NMLS #2026245 · CA DRE #02241936 · Lumin Lending, Inc. NMLS #2716106 · CA DRE #02291443. Equal Housing Opportunity.
