MBA Chart of the Week: Multifamily Lending Trends

In this week’s Chart of the Week, we examine MBA’s 2025 Annual Report on Multifamily Lending, which found that multifamily mortgage lending staged a strong recovery in 2025, with origination volume climbing 32% to $381.8 billion.

MBA: Multifamily Lending Increased 32% to $382 Billion in 2025

In 2025, 2,530 different multifamily lenders originated a total of $381.8 billion in new mortgages for multifamily properties with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market.

Multifamily Lending Increased 17% to $289 Billion in 2024, MBA Finds

In 2024, 2,463 different multifamily lenders originated a total of $288.7 billion in new mortgages for multifamily properties with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market.

MBA: Multifamily Lending Declined 49% to $246 Billion in 2023

In 2023, 2,520 different multifamily lenders provided a total of $246.2 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s annual report of the multifamily lending market.

MBA: Multifamily Lending Declined 1% in 2022 to $480 Billion

In 2022, 2,242 different multifamily lenders provided a total of $480.1 billion in new mortgages for apartment buildings with five or more units, the Mortgage Bankers Association’s annual report of the multifamily lending market said.