Multi-Unit Property

Need Multi-Unit Financing? That’s Our Specialty.

Many Chicago portfolio lenders just aren’t interested in lending to part-time investors with buildings valued at less than $2MM.

Here at Liberty, that’s our sweet spot.

We’re focused on helping our neighbors invest in their communities and build strong, thriving neighborhoods, one building at a time.

row of beautiful houses

Lower Stress, Shorter Wait Times

Whether you’re shopping for a two- or three-flat multi-family property or something even bigger – a commercial building – in the Chicagoland area, we have local mortgage lenders who are experts at making the financing process as easy and streamlined as possible for you.

Because we’re a smaller institution, we have less red tape to plow through, and we can reach decisions more quickly than other lenders. It’s a benefit that reduces your stress and the tense wait normally associated with getting commercial loans.

More than money lending

We’re more than money lenders.

You can look to Liberty as your neighborhood partner and rely on us to understand your financial goals.

Our mortgage department staff is here and equipped with the tools, knowledge, and advice to help you achieve your long- and short-term goals.

They take an analytic approach to see your big picture and determine how a given investment could help you build wealth, whether you’re buying your first investment property or your fifth.

They also can work with you to crunch the numbers – looking at things like debt ratios, cash flow, and cap rates of buildings – to assess how a new investment would fit with your existing portfolio.

Contact us today to start the process. You can expect:

  • Fast decision-making: As a smaller bank, we’re quick, and our turnaround time on term sheets is just a few days.
  • Personalized service: Our mortgage department is located right here in Chicago at our Foster Avenue branch, so you’ll never have to call a distant call center for help. When you have questions or problems, we’re available. And we answer our phones, meaning you won’t waste time on hold or bounce from voicemail mailbox to mailbox.
  • Financial advocates: We’re your financial partner, committed to not just finding the right financing vehicle for you but also guiding you through the steps necessary to build a solid portfolio and helping you work toward your long-term investment goals.
  • Low rates: Since we have no stockholders and low overhead, we pass our savings to our borrowers in the form of lower rates and fees.
  • Tailored underwriting: As a portfolio lender, we have greater underwriting flexibility and can tailor our products to suit your needs. Our loans start as low as $150,000.
  • Financing on a variety of Chicago’s unique building types: At Liberty, you can finance various property types typically found in and near the Chicago area, including commercial condos, 5+ multi-unit properties, and mixed-use buildings.

To get started, click here to download our Personal Financial Statement

NMLS #787575

Family relaxing in Chicago multi-unit property

Meet our commercial lending team

Jerry Kussy - Commercial Lending at Liberty Bank for Savings

Jerry Kussy (NMLS #224177) is based on Chicago’s Northwest Side and joined Liberty Bank in 2010.

As Vice President of Lending, he’s responsible for residential and commercial sales in Cook County and in five collar counties.

With 20 years of experience in loan origination and management, Jerry takes an analytical approach to meeting customers’ needs and helps them achieve their long- and short-term goals.

Phone: 773.594.6642

Send a message to Jerry

Louis Polychronos (NMLS #1340002), Vice President of Lending, joined Liberty Bank for Savings in 2010.

He focuses on loans for multi-family and mixed-use properties and also works on commercial and residential mortgages.

As an active real estate investor himself, he understands the challenges customers face and is committed to building client relationships and offering personalized service.

He’s an active member of several professional and community groups, including Edgewater Uptown Builders Association, the Greater Austin Development Association, and the Real Estate Investment Association.

Phone: 773.594.6638

Send a message to Louis

Louis Polychronos - Commercial Lending for Liberty Bank for Savings