Forbix Financial is part of a small licensed by the U.S. Department of Contact our Team group of commercial lenders that is Housing and Urban Development.

Multi Family

Forbix Financial is a direct multifamily lender.  The principals at Forbix have been financing, building and developing multi-family properties for two decades.  We have personal consumer experience on our own properties for most of the products we offer, including FHA 35 year fixed, FNMA (DUS) Loans, Small Balance Freddie Loans, Conventional Bank and Construction Loans, as well as numerous bridge products.  We are delighted to be “the Guinea Pig” for you for these products and explain the pros and the cons in simple terms, the details you won’t be able to find in a “term sheet.”

Unlike most banks, most of our loan products are non-recourse and our primary focus is the cash flow from the property.  Personal income taxes are not required for underwriting.

Loan Types

Forbix 35 Year Fixed (Insured by FHA)

The loan product is fixed and fully amortized for the entire 35-year term.  The loan is non-recourse and fully assumable.  Prepayment penalties are typically a step down for a 10 year period.

FNMA 30 Year Fixed

The loan product is fixed and fully amortized for the entire 30-year term.  The loan is non-recourse and assumable.  Prepayment penalties are typically for the entire term but can be negotiated by adjusting the yield.

Interest Only Loans

For clients that prefer higher cash flow, interest only loans are available under different product types ranging from 5 – 15 years of interest only payments.


The loan products have a fixed rate term ranging from 5 to 12 years and are amortized over 30 years.  The loans may have an interest only component for the entire length of the term.

Bridge Loans

Bride loans range from 1 – 5 years with interest only payments.  Custom made to suit the client. Forbix will fit a product to fit the specific needs of the project, with options to cross collateralize other real estate for needed equity.

Mezzanine / Preferred Equity

Secondary financing typically up to 90% of the project cost for experienced owners and operators.  Value added agency qualified exit loan for mezzanine loans.  For preferred equity structure, Forbix is open to stay in for a long term hold strategy for qualified projects.