Program fit matrix
Best for
- ✓ 5-10 unit rental acquisitions
- ✓ Small multifamily refinances where rent roll matters
Common blocker solved
- ✓ The property sits outside the standard 1-4 unit box
What Aksel needs next
- Rent roll and unit mix
- Current leases or market rent support
- Property taxes and insurance
- Purchase terms or current payoff
Broker-review guardrail
- Aksel broker review is required before relying on any program path, payment estimate, or eligibility cue.
Small multifamily needs a different lane
A 5-10 unit rental property is not the same underwriting conversation as a single-family rental or duplex. The file needs a clear rent story, a clean unit count, realistic expenses, and a program that actually accepts the property type.
As a mortgage broker, I can compare investor channels that review small multifamily DSCR scenarios instead of forcing the deal into a standard 1-4 unit rental box.
What drives the first-pass review
The first screen usually comes down to:
- Unit count and property type
- Current or market rent support
- PITIA and DSCR strength
- Purchase, rate-term, or cash-out purpose
- Credit range and reserves
- Entity structure and ownership
- Property condition, occupancy, and lease status
When this page matters
This path is worth reviewing when you are buying a 5-10 unit building, refinancing a small apartment property, pulling cash out for the next acquisition, or comparing whether a DSCR loan is cleaner than a commercial bank structure.
What to prepare
Bring the rent roll, leases if available, tax and insurance estimates, current mortgage statement, property address, purchase contract or refinance goal, entity documents, and your target close timeline.
Program terms, leverage, reserves, pricing, and documentation rules change. The goal is to package the property cash flow clearly enough that the right investor channel can be identified quickly.