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    Multifamily

    OVERVIEW

    Ready Capital is an approved Freddie Mac SBL seller/servicer, providing small balance loans from $1 million up to $7.5 million with both fixed- and hybrid- rate structures. We provide capital for acquisition, refinancing and cash-out requests, and take pride in delivering quick closings backed by flexibility and common-sense underwriting.

    Check out our most recent transactions and client testimonials:

    image
    $6,000,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Fresno, CA
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    $1,330,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Tempe, AZ
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    $5,530,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Joplin, MO
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    $2,485,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Joplin, MO
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    $2,600,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Charlotte, NC
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    $1,460,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Jersey City, NJ
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    $1,208,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Clarksville, IN
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    $1,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Bedford Hills, NY
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    $1,648,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    St. Louis, MO
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    $1,038,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Dallas, TX

    “The level of teamwork between the different departments is really superb. It’s nice to work with a lender where the synergy between the people who are involved in the loan work towards a common goal and where the flow of information internally enhances the loan process, not hinders it.”

    - Darryl
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    $3,981,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Austin, TX
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    $2,300,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Tucson, AZ
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    $2,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Woodland, CA
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    $3,331,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Austin, TX
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    $1,400,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Jupiter, FL
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    $1,237,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Hamden, CT
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    $4,837,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Killeen, TX

    “Overall, I had a great experience working with everyone on the Ready Capital team and was very impressed. My loan officer was quick to respond to any questions and the closing team was very efficient, given a tight schedule. It was a smooth process and I would definitely choose to work with Ready Capital again in the future.”

    - Susan
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    $4,550,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Lithonia, GA
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    $2,400,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Lexington, NC
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    $1,200,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Red Bank, TN
    $0



    Year Term
    ,

    “It’s been a pleasure working with Ready Capital on this new opportunity, and I would like to express my highest appreciation and respect to everyone who worked diligently with us to get our deal to closure.”

    - Yahav
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    $1,423,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Phoenix, AZ
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    $1,300,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Bradley Beach, NJ
    $7,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Attleboro, MA
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    $2,400,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Charlotte, NC
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    $1,700,000
    Purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Portland, OR
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    $1,660,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Brookfield, IL
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    $1,600,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Minneapolis, MN
    $1,180,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport, CT
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    $1,570,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Sellersburg, IN
    $3,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Seattle, WA
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    $2,040,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Henderson, NV
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    $1,225,000
    Cash-Out Refinance
    Freddie SBL
    Mixed Use
    10 Year Term
    Fort Lauderdale, FL
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    $1,504,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Downey, CA
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    $1,176,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Monroe, WA
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    $1,580,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Cheshire, CT
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    $1,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Tualatin, OR
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    $1,100,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport , CT
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    $1,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Pataskala, OH
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    $1,981,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Portland, OR
    $3,420,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Hillside, IL
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    $3,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Green Bay, WI
    $2,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Indianapolis, IN
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    $3,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Hollywood, FL
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    $4,290,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bensenville, IL
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    $1,680,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Oak Lawn, IL
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    $2,585,000
    Purchase
    Bridge
    Multifamily
    2 Year Term
    Decatur, GA
    $900,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Greensboro, NC
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    $1,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Newark, OH
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    $4,050,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Denver, CO
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    $1,800,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Denver, CO
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    $2,025,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Gastonia, NC
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    $3,945,000
    Purchase
    Freddie SBL
    Multifamily
    20 Year Term
    San Antonio, TX
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    $2,470,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Philadelphia , PA
    $1,350,000
    Purchase
    Bridge
    Multifamily
    Year Term
    Minneapolis, MN
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    $4,700,000
    Purchase
    Bridge
    Multifamily
    2 Year Term
    Houston, TX
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    $1,400,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Paterson, NJ
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    $12,000,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Waxahachie, TX
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    $1,730,000
    Purchase
    Bridge
    Multifamily
    1 Year Term
    Bridgeport, CT
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    $3,512,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Rockford, IL
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    $4,700,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Los Angeles, CA
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    $7,500,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Houston, TX
    $2,300,000
    Purchase
    Multifamily
    Multifamily
    7 Year Term
    Aurora, CO
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    $2,300,000
    Purchase
    Multifamily
    Multifamily
    2 Year Term
    Atlanta, GA
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    $2,800,000
    Purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Colorado Spings , CO
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    $5,200,000
    Purchase
    Multifamily
    Multifamily
    1 Year Term
    Portland, OR
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    $1,000,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Baltimore, MD
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    $10,200,000
    Purchase
    Bridge
    Multifamily
    5 Year Term
    West Valley City , UT
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    $3,400,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    Houston, TX
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    $6,100,000
    Purchase
    Fixed rate
    Multifamily
    3 Year Term
    Champaign, IL
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    $5,800,000
    Purchase
    Fixed rate
    Multifamily
    3 Year Term
    Normal, IL
    $1,012,500
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Baltimore, MD
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    $38,900,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio, TX
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    $25,800,000
    Purchase
    Bridge
    Multifamily
    3 Year Term
    San Antonio , TX
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    $5,928,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Miami, FL
    $2,452,500
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Springboro, OH
    $3,337,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Garland, TX
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    $4,700,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    7 Year Term
    Seattle, WA
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    $1,550,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Phoenix, AZ
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    $3,525,000
    3525000
    Freddie SBL
    Multifamily
    20 Year Term
    Beaumont, TX
    Criteria

    PRODUCT OVERVIEW

    • Stabilized properties
    • High broker payouts
    • Borrower rebates
    • Loan Size: up to 80% loan-to-value
    • Products: Fixed five, seven, 10 year, hybrid 20 year with fixed five, seven, 10 year
    • Amortization: up to 30 years
    • Prepayment: step down prepay and yield maintenance
    • Short term fixed and floating bridge-to-agency loans
    Eli Smith
    Irving, TX

    Eli brings over 15 years of commercial real estate lending experience and is responsible for sourcing loan opportunities across Ready Capital’s three lending platforms: multifamily, fixed rate and bridge. Eli is a part of the Strategic Partnership team in the Dallas Office with a primary focus on growing and maintaining Freddie Mac Small Balance production relationships. Prior to joining Ready Capital, Eli was with Fannie Mae and prior to that originated Multifamily in Chicago for Chase Bank and Washington Mutual. Eli earned a Bachelor of Applied Arts and Science degree from University of North Texas.

    Specialties:
    • Multifamily
    • Bridge
    • Fixed rate
    Back
    See most recent transactions & client testimonials:
    image
    $3,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Hollywood, FL
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    $4,290,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bensenville, IL
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    $1,680,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Oak Lawn, IL
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    $2,485,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Joplin, MO
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    $5,530,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Joplin, MO
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    $1,208,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Clarksville, IN
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    $1,648,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    St. Louis, MO
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    $1,038,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Dallas, TX
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    $5,928,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Miami, FL
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    $1,570,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Sellersburg, IN
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    $1,660,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Brookfield, IL
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    $4,837,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Killeen, TX
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    $7,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Denver, CO
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    $1,136,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Palm Beach Shores, FL
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    $1,525,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Roseville, MI
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    $1,980,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Hallandale Beach, FL
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    $1,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Lincoln Park, MI
    $1,250,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Mentor, OH
    $6,250,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Colorado Springs, CO
    $1,376,000
    purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Sheridan, CO
    $1,640,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Villa Park, IL
    $1,355,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Hillside, IL
    $1,067,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Addison, IL
    $1,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Coral Gables, FL
    $1,150,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Chicago, IL
    $2,809,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Golden, CO
    $0



    Year Term
    ,
    $684,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Miami Beach, FL
    $4,675,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    San Angelo, TX
    $1,680,000
    purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Denver, CO
    $1,680,000
    purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Denver, CO
    $1,534,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Big Lake, MN
    $3,668,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    5 Year Term
    Coral Gables, FL
    $1,600,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Chicago, IL
    $2,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Colorado Springs, CO
    $3,126,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    New Orleans, LA
    NEWS
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    Ready Capital National Bridge Team Close An Approximately $17.0 Million Bridge Loan - 10/01/2020
    NEW YORK, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Lending Team announces the closing of an acquisition, renovation, and lease-up loan for a $16.9 MM value-add bridge loan in Memphis, TN. In September, Ready Capital closed the financing for the acquisition, renovation, and l ...
    Ready Capital Delivers and Closes Approximately $150 Million Freddie Mac SBL Loans in 17 States a... - 04/22/2020
    NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) -- Ready Capital announces the delivery and closing of Freddie Mac SBL loans for approximately $150 million in 17 states and Washington, DC, between January and March 2020. Ready Capital commenced the second quarter pre- Covid-19 with a strong pipeline of $2 ...
    Ready Capital Corporation Reaches $2 Billion In SBA Loan Approvals Through The Paycheck Protectio... - 04/15/2020
    NEW YORK, April 15, 2020 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) announced today that the Company's national Small Business Administration (SBA) lender, ReadyCap Lending, LLC, has obtained SBA approvals to fund in excess of $2 billion loans through the U.S. Small Business Administration ...
    Ready Capital National Bridge Team Closes Over $375 Million in 17 States - 02/07/2020
    NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Originations Team announces the closing of acquisition, refinance, renovation and redevelopment loans for over $375 million in 17 states between September 2019 and December 2019. September 2019 The Phoenix, AZ, loan provided ...
    < older news
    CAREERS

    Interested in working with one of the fastest growing commercial mortgage REIT’s in the industry?

    Ready Capital is always looking to add experienced and driven professionals to expand and grow with our company. We are continually searching for experienced professionals within the industry by offering a work environment thriving on collaboration and a corporate culture of employees who are passionate and excited about what they do.

    Find out what job positions are open in your area.

    View Open Positions
    SUBMIT A REQUEST

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