Permanent loans for multifamily properties.
Permanent financing for stabilized multifamily properties in Washington.
- Minimum loan
- At least $3M
- Maximum loan
- Up to $20M
- Maximum loan / purchase price
- Up to 65% Basis: Reported purchase price.
- Minimum debt coverage
- At least 1.25× Basis: T12 NOI; 6% screening rate and 30-year amortization.
Put your deal in perspective
See the structure.
Find your starting point.
Explore the program’s 65% leverage limit with your own numbers.
View all lending criteriaAdd your figures to see the financing structure.
Basis: Reported purchase price. This compares leverage only; income, loan size and other program criteria are reviewed separately.
Start a submissionThe program
Is your deal a fit?
- Stabilized multifamily properties
- Acquisitions and refinances
- Loan requests from $3M to $20M
- Minimum loan
- At least $3M
- Maximum loan
- Up to $20M
- Maximum loan / purchase price
- Up to 65%Basis: Reported purchase price.
- Minimum debt coverage
- At least 1.25×Basis: T12 NOI; 6% screening rate and 30-year amortization.
- Minimum occupancy
- At least 90%
- Market
- WA
Have a deal outside these criteria?
Include the exception and supporting context with your submission. You can correct a figure or request review by the lending team.
Preparing your deal
Start with your documents.
Upload what you have, review the figures, and send your opportunity to the team.
- Current rent roll
- Trailing twelve-month operating statement
- Requested financing amount
- Property and sponsor overview
- 01
Share the opportunity
Upload what you have and confirm a few property and financing details.
- 02
Confirm the details
Review the extracted facts, answer focused questions and explain any exceptions.
- 03
Lender review
The team reviews your submission and decides whether to evaluate the deal.
Before you submit
Can I submit an opportunity outside the standard range?
Yes. Tell us where it differs and provide supporting context. An authorized team member decides whether an exception merits review.
Can I speak with a person?
Yes. Request human review from your submission at any time or contact the published team.
Bring your next deal to Pacific Northwest Lending.
Stabilized Multifamily · Washington