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:

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$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
See most recent transactions & client testimonials:
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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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$2,485,000
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 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 ...
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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.

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