Small Loan Partner Program

Through our partners, M&T Realty Capital Corporation® offers a Small Loan program to acquire or refinance existing, stabilized multifamily properties of 5 or more units with loans between $1MM and $7.5MM1,2. The program is available nationwide.

The key benefits of this program include higher LTVs (in certain markets), minimal closing costs, and faster rate locks and closings than may be available under other loan programs.

Small Loans typically include the following features:

  • Loan size of $1 million - $7.5 million1,2
  • Up to 80% LTV in major markets
  • Minimum debt service coverage of 1.20x - 1.40x
  • 5- to 10-year fixed-rate financing terms; 20-year fixed-to-float also available
  • Non-recourse provisions
  • Interest-only options available
  • Interest rate is locked at application for 35 days
  • Extended rate locks are also available
  • Minimal application and closing costs

For specific loan information on this program, please call us at 1-800-737-2344.

All loans and all terms referenced herein are subject to receipt of a completed application, credit approval and other conditions.

1 Loans >$6 million and < $7.5 million in Small and Very Small Markets are subject to Freddie Mac approval of an exception request.
2 No unit limitations apply for loans <$6 million. Loans >$6 million and < $7.5 million may have up to 100 units, with exceptions permitted (subject to Freddie Mac approval).

Return to the loan program overview page. 

M&T RCC Facts

  • In 2021, we originated $5.1 billion in loans, and currently service a loan portfolio of $24.6 billion.
  • We are a Top Fifteen FHA lender, and can provide financing for healthcare facilities or multifamily properties.
  • We are a Top Fifteen Freddie Mac lender.
  • We are one of only 19 lenders that hold licenses with all three agencies (Fannie Mae, Freddie Mac and FHA).