Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Opinions on SBA Loans and Can It Apply to Multifamily

11 Sept 2026 · 1 min

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Christian Osgood explains why SBA loans rarely work for multifamily deals. They're harder to get, have 10-year amortizations and higher rates than DSCR loans, making monthly payments steeper. SBA financing only makes sense if an operating company that will occupy the property needs the real estate.

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So I wanted to ask what your opinion of an SBA loan is. Can it apply to a multifamily?
SBA loans are more difficult to get than a lot of debt products. Can it apply to a multifamily? Yes, under very specific circumstances. Usually it is not going to be the weapon of choice, and usually they're on 10-year AMMs. Most often you can do them really low down if you have a company that specifically needs the real estate and is a significant tenant of the property. Generally speaking, I wouldn't intend to use that unless you had a very Aren't they typically a higher interest rate than a DSCR loan? Typically, yes, and a much shorter AM, which means your monthly payments are way higher, typically.