Rooming House Loans

Rooming houses are similar to that of multifamily but the nature of the occupancy is more transient. Rooms are rented on a daily, weekly or monthly basis and usually only include a bedroom. The residents share the bathroom and the kitchen. Rent paid usually includes all utilities and units may be furnished. Most rooming house properties contain less than 20 units.

• High LTV of up to 80% of your property value
• Up to 30-year fixed rates & terms available
• Financing available within 30 to 45 days
• Apply for your Rooming House loan