North Jersey · County seat: Elizabeth
Investment Property Loans in Union County, NJ
DSCR, Multifamily, Mixed-Use and other business-purpose loans for investors across Union County, including the county seat, Elizabeth.
Investing in Union County
Union County is a dense, transit-rich county just south of Newark. Its seat is Elizabeth, which shares Newark Liberty International Airport and Port Newark–Elizabeth with Newark. The Northeast Corridor, North Jersey Coast Line and Raritan Valley Line all cross the county, and the Garden State Parkway and New Jersey Turnpike run through it.
Elizabeth, Plainfield, Linden, Rahway and Roselle have plenty of older two- to four-family homes and multifamily and mixed-use buildings. Westfield, Cranford and Summit are higher-value single-family towns with walkable downtowns. Investors finance rentals, renovations and value-add multifamily across the county.
How we lend here
Plainfield's historic districts have design review for exterior changes, so we plan for that in renovation budgets. We also confirm each town's rental registration and certificate of occupancy steps.
Towns we lend in: Elizabeth, Plainfield, Union, Linden, Rahway, Westfield, Cranford, Summit, Hillside, Roselle and Scotch Plains.
Loans that fit Union County properties
30-year rental loans for purchases and refinances that qualify on the property's rent instead of your personal income.
Acquisition, value-add bridge and construction financing for 5+ unit apartment buildings.
DSCR and bridge financing for buildings with apartments over stores or offices.
We also offer fix and flip loans, bridge loans, construction loans, LLC loans in Union County.
Town guides in Union County
Before you close in Union County
Check these with the municipality and your attorney before you close on a rental or rehab in Union County.
- Landlord registration. File a landlord registration statement with the municipal clerk for 1–2 unit properties, or with the NJ Department of Community Affairs for most buildings with 3 or more units.
- Certificate of occupancy. Many towns require a CO or continued CO inspection when a property sells or a new tenant moves in. Ask the town before you set a closing or lease date.
- Lead-safe certification. Under P.L. 2021, c.182, many rentals built before 1978 need a lead-based paint inspection at tenant turnover or on the state's schedule.
- Flood zone and insurance. Check the FEMA flood map. If the property is in a special flood hazard area, include flood insurance in the payment.
- Entity in good standing. Keep your LLC's annual report current with the NJ Division of Revenue and Enterprise Services so title can insure the closing.
General information, not legal advice. Requirements vary by municipality.
Union County investor loan FAQ
Do you finance two- to four-family homes in Union County?
Yes. They're among the most common investor properties in Elizabeth, Plainfield, Linden and Rahway, and can be financed with a DSCR rental loan or a rehab loan.
Do you lend to LLCs buying property in Union County?
Yes. Every Lendiqo loan in Union County is a business-purpose loan to an LLC or other entity on non-owner-occupied investment property. Members usually sign a personal guarantee.
Can I refinance a renovated Union County property into a long-term loan?
Yes. Once the renovation is finished and the property is leased, a 30-year DSCR loan can pay off the short-term loan. It qualifies on the rent, not your personal income.
Financing a property in Union County?
Send the basics on a property and a loan officer will follow up. You'll hear back from a person, not a call center.