{"ok":true,"host":"gozoomloans.com","vertical":"mortgage","protectedOriginationHost":false,"nonMortgageVertical":false,"operator":"Loan Daddy LLC (NMLS #2827624 · AZ CMB #CMB-2016143 · CA CFL #60DBO-218873)","dataset":{"id":"residential-1-4u-vs-commercial-5-25u-thresholds","title":"2026 Residential 1–4 Unit vs. Commercial 5–25+ Unit Underwriting Threshold Dataset","shortTitle":"1–4u vs. 5–25u Multifamily Thresholds","category":"Unit-Count Underwriting Tiers","updatedAt":"2026-11-08","recordCount":6,"description":"Structural underwriting comparison across 1-unit SFR/Condo, 2–4 unit residential plexes, 5–8 unit hybrid small-balance multifamily, 5–10 unit commercial, 11–25 unit multifamily, and 5–50+ door cross-collateralized blanket portfolios.","directAnswerTakeaway":"Crossing from 4 units to 5+ units shifts DSCR underwriting from gross-rent residential PITIA (Form 1007/1025, min 1.00x DSCR, up to 80% LTV) to Net Operating Income (NOI ÷ Annual Debt Service, Commercial Narrative Appraisal, min 1.20x–1.25x DSCR, and 8.5%+ minimum Debt Yield at 70%–75% LTV).","citationSource":"Loan Daddy LLC Wholesale Desk · Multifamily & Portfolio Desk (NMLS #2827624)","columns":[{"key":"unitTier","label":"Unit-Count Tier"},{"key":"dscrFormula","label":"Coverage Formula"},{"key":"appraisalForm","label":"Required Appraisal"},{"key":"minDscr","label":"Min DSCR / Debt Yield"},{"key":"maxLtv","label":"Max Purchase / Refi LTV"},{"key":"recourseAndVesting","label":"Vesting & Recourse Structure"}],"rows":[{"unitTier":"1 Unit (SFR, Townhome, PUD, Warrantable Condo)","dscrFormula":"Gross Monthly Rent ÷ Monthly PITIA","appraisalForm":"FNMA Form 1004 + Form 1007 Rent Schedule","minDscr":"1.00x Standard (0.75x / No-Ratio Available)","maxLtv":"80% Purchase / 80% R&T / 75% Cash-Out","recourseAndVesting":"LLC, Series LLC, LP or Corp (Full Sponsor Carve-Out)"},{"unitTier":"2–4 Units (Duplex, Triplex, Fourplex)","dscrFormula":"Gross Monthly Rent ÷ Monthly PITIA","appraisalForm":"FNMA Form 1025 Small Residential Income","minDscr":"1.00x–1.10x DSCR","maxLtv":"80% Purchase / 75% Cash-Out","recourseAndVesting":"LLC or Series LLC Vesting"},{"unitTier":"5–8 Units (Residential-Commercial Hybrid DSCR)","dscrFormula":"Net Operating Income (NOI) ÷ Debt Service","appraisalForm":"Commercial Narrative or Hybrid 71B","minDscr":"1.15x–1.20x DSCR (Min 8.5% Debt Yield)","maxLtv":"75% Purchase / 70% Cash-Out","recourseAndVesting":"Single-Purpose Entity (SPE) LLC Required"},{"unitTier":"5–10 Units (Small-Balance Commercial Multifamily)","dscrFormula":"Underwritten NOI (Min 5% Vacancy + 35% Expense Load) ÷ ADS","appraisalForm":"Full MAI Commercial Narrative Appraisal","minDscr":"1.20x–1.25x DSCR (Min 9.0% Debt Yield)","maxLtv":"75% Purchase / 70% Cash-Out","recourseAndVesting":"SPE LLC · Recourse or Non-Recourse Carve-Out"},{"unitTier":"11–25+ Units (Middle-Market Multifamily & Mixed-Use)","dscrFormula":"T-12 Verified NOI ÷ Annual Debt Service","appraisalForm":"Full MAI Commercial Narrative + Phase I ESA","minDscr":"1.25x DSCR (Min 9.25%–9.50% Debt Yield)","maxLtv":"70%–75% Purchase / 65%–70% Cash-Out","recourseAndVesting":"Bankruptcy-Remote SPE LLC · Non-Recourse Available"},{"unitTier":"5–50+ Doors (Cross-Collateralized Blanket Portfolio)","dscrFormula":"Aggregate Portfolio NOI ÷ Aggregate Debt Service","appraisalForm":"BPO / Interior Inspection + Form 1007 Schedule","minDscr":"1.15x–1.20x Aggregate Portfolio DSCR","maxLtv":"75% Purchase / 70%–75% Cash-Out","recourseAndVesting":"SPE Holding LLC · 115%–120% Partial Release Clause"}]}}