PennyMac offers competitive rates on loans up to $5 million for multifamily/apartment buildings (5+ units) nationwide. Aside from low rates, product highlights include fixed terms up to 10 years, up to 80% Loan-to-Value, non-recourse, assumable, low fixed upfront costs, and streamlined processing. If you have any questions, please call (866) 559-1631.

Let's start with your contact info:

Borrower #1 - Contact Information

Borrower #2 - Contact Information

Property Information

Must be 5 or more units to qualify.

Loan Request

See below for term/product description.
Hybrid loans have an initial fixed-rate period for 5, 7 or 10 years, then convert to an adjustable rate loan (ARM) for the remainder of a 20 year term. The 5, 7, and 10 year fixed loans are due in full at the end of their fixed-rate period. Both products amortize over 30 years.
Please note any upcoming deadlines ie. Maturing Loan, Purchase, etc.

Borrower Eligibility

Property Eligibility

Ready to go!

You are now ready to submit your customer's loan information to PennyMac. Once the submit button is clicked, you will receive an email confirming the information you have entered.
By submitting this Loan Submission Sheet  to PennyMac, Broker represents and warrants to PennyMac that Broker has consent from the Borrowers and/or Sponsors to share such information or authority to inquire about the Loan Request on behalf of the Borrowers and/or Sponsors.
Any questions? Please call (866) 559-1631.