Debt Yield vs DSCR vs LTV — Which Binds Your Loan?
Debt yield, DSCR, and LTV explained for multifamily sizing: formulas, worked examples, and which constraint usually caps proceeds.
Read article →Multifamily financing updates
Weekly notes on rates, execution risk, lender behavior, and market shifts for US multifamily.
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Why Debt Yield Speeds (or Kills) Multifamily Term Sheets
Debt yield drives how fast lenders respond on multifamily—even when DSCR looks fine. See the math lenders use before issuing term sheets.
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Fannie Mae Multifamily Loan Requirements 2026
2026 Fannie Mae multifamily loan requirements for 5+ units: DSCR floors, LTV grids, occupancy tests, and sponsor docs—plus how to get agency quotes faster.
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How Operators Are Sizing Bridge Risk in 2026
A practical look at extension optionality, floating-rate protection, and refinance assumptions.
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How to Finance a 5–10 Unit Apartment Building (2026)
Financing a 5–10 unit apartment building: crossing into commercial lending, DSCR tests, lender types, and mistakes that delay approval.
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Multifamily DSCR Requirements by Lender (2026 Chart)
Agency, bridge, bank, CMBS, and debt-fund DSCR floors for US multifamily—see which metric binds first before you request quotes.
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Multifamily Rate Spreads Late September 2026 — Agency vs Bridge
Late-September 2026 multifamily rate spread update: agency fixed near 6.55%, wider 5-year high-leverage prints, and what the 10-year Treasury backup did to all-in coupons.
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Related
resources
Hand-picked next steps — go deeper, compare alternatives, or run the numbers.
- Learning center
Execution guides for underwriting, capital stack, and close.
- Underwriting tools
DSCR, debt yield, cap rate, loan sizing, and portfolio screens.
- Multifamily rates context
How spreads and product path change all-in cost on 5+ unit debt.
- Loan types
Agency, bridge, bank, CMBS, debt fund, and FHA/HUD paths.
- Commercial DSCR explained
Coverage screens lenders actually run on apartment NOI versus PITIA shortcuts.
- Multifamily underwriting basics
How lenders size 5+ unit debt on NOI, DSCR, debt yield, and LTV.