Northeast · Multifamily · First lien
Multifamily hard money loans in Vermont.
First-position multifamily loans across Vermont — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Stokley Intelligence · Updated September 2026
Multifamily Market Outlook 2026
A structured view of the developments shaping multifamily—and the situations those developments may create for owners, lenders and investors.
Vermont market context
The economy behind the collateral.
Vermont's economy relies on tourism tied to its mountains and rural landscape, small-scale manufacturing, agriculture, and healthcare and education institutions concentrated in Burlington. The state's economic base is smaller and more rural than most of the Northeast.
- Tourism and recreation
- Healthcare
- Higher education
- Agriculture and food production
- Small-scale manufacturing
Multifamily underwriting
What we look at first.
- Trailing rent roll, collections and concessions
- Unit condition and the real cost of turns and deferred capex
- Expense load — insurance, taxes, payroll and utilities
- Submarket rents and competing new supply
- Sponsor's operating track record and management plan
Situations
Multifamily loans we see in Vermont.
- Floating-rate bridge loans maturing before the property is ready for agency debt
- Acquisitions of underperforming communities with a renovation plan
- Lease-up after a renovation or new delivery
- Partnership disputes that require a buyout
Selling a multifamily property in Vermont? Stokley also buys real estate as a principal. Submit it for acquisition.
Vermont metros
Local lending pages.
We lend across Vermont, not only in these metros. Each page covers the local economy and a direct request form.
Hard money lending guidelines
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Vermont multifamily loan request.
Questions
Vermont multifamily loans, answered.
- Does Stokley Capital make multifamily loans in Vermont?
- Yes. We make first-position multifamily hard money and bridge loans throughout Vermont, including Burlington and smaller markets.
- How large are your Vermont multifamily loans?
- Typically $1M–$5M, first lien. Larger loans are considered.
- What should a Vermont multifamily loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Other property types in Vermont
Multifamily loans nearby
Next step
Financing multifamily in Vermont?
Send the property, amount and deadline. A principal will respond directly.