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6120 Paseo Del Norte,
Suite I-2,
Carlsbad, CA, 92011
Tel: 760-607-0440
Fax: 760-607-0441
Multifamily Products
PacificFirst Mortgage MFLD loan programs support the acquisition, refinance, rehabilitation, and construction of multifamily products including market-rate multifamily, affordable, seniors, students and manufactured housing.
Market-Rate Multifamily Housing With nearly 14% of Americans living in apartment homes, multifamily housing is an increasingly attractive lifestyle choice. Demographics ranging from the retiring baby boomers to the up-and-coming echo boomer generation are helping to fuel the demand for multifamily housing. PacificFirst Mortgage MFLD offers a full range of traditional and creative financing programs for owners of multifamily communities.
Mixed-Use Mixed-use properties must contain at least one commercial unit (retail, office, etc.) and at least one residential unit. To be considered mixed-use multifamily, the primary use must be residential. If the predominant use is non-residential, rate and term will change, reflecting a commercial designation.
Affordable Housing Affordable apartments are one of the most needed categories in multifamily housing. Unfortunately the complexity of tax credits, housing bonds, and any number of federal, state and local affordable housing regulations make this one of the most challenging multifamily product types to finance. PacificFirst Mortgage MFLD maintains an in-house practice dedicated to LIHTC and affordable housing to help clients minimize financing hurdles.