Small Apartment Loans
Beyond our specialities in traditional low cost non recourse multifamily finance multifamily loans maintains unique.
Small apartment loans. Tax exempt bond credit enhancement. Adjustable rate mortgage capped cooperative apartment financing. Hybrid adjustable rate loans with fixed initial term followed by an adjustable rate period for the remaining life of the loan. Ci mezz mod rehab.
Intimately familiar with the ins and outs of all components of apartment building finance with strengths in gse finance fha cmbs bank life companies and more. The freddie mac small balance apartment loan program offers many unique and beneficial features for apartment purchases and refinances with a minimum loan size of 1 000 000. Loans to smaller rental properties play a unique role in the rental housing market. Freddie mac is another nationwide source of mortgage capital for apartment building financing.
The properties tend to be more affordable and concentrated in urban areas in close proximity to transportation and jobs making them a key source of housing for working families. While financing options under 1 million are extremely limited for apartment properties multifamily loans offers financing starting at as little as 100 000. Fha apartment loan rates. Apartment and multifamily loan rates range from 2 76 for a 35 year fixed fha loan to 4 65 for a 5 year fixed community bank loan.
Multifamily affordable housing mah dedicated student housing extended. The loan application process is simple and streamlined. One of the best interest rates is from a life company at 3 95 for a 25 year fixed. With ltvs up to 80 non recourse options are available for loans of 750 000 and above.
Multifamily loans is the premier capital markets solution for multifamily and apartment lending across the nation. Loans available up to 20 million our income property lending program accommodates both small and large balance loans. Since 1997 we have shopped our network of affiliated lenders to land our clients the best deals on apartment building loans of 5 units or more and 750 000 plus. Offers commercial mortgage loans small apartment loans small multifamily loans triple net lease financing nnn loans sba loans sba 504 loans small hard money loans rehab loans church loans medical practice loans small commercial loans small business commercial loans commercial business loan rates commercial mortgage commercial business mortgage apartment loan sba loans hard.
Apartment loan store has specialized in the lowest rate multifamily loans for over 20 years.