We pride ourselves on providing fast and easy financing on apartment and multi family loans. Offering competent and
professional real estate funding services to clients of all walks of life. From
the beginning investor who needs our expertise and counsel to move through the
process to the veteran multi family investor who just needs access to the best funding
opportunities available in the real estate market today.
We make investment lending for financing apartment
multi family loans easy. It's
logical for the lender to say "yes" when we show them why they should say yes
to the loans for multi family apartment financing
request. The way to successfully complete that, is to first understand
the lender's decision making process in approving loans for multi family apartment
financing. We, as well as the numerous lenders and commercial real
estate investors that we place these packages with, have a thorough
understanding of the unique complexities involved it these types of
commercial properties for purchase or refinance .
A recessionary economic climate does not necessarily have
to have a negative impact on the investment housing
industry. People always need a place to live. Folks that are or were "upside
down" and needed to short sell or got foreclosed on needed to move to other
living options. The rental market. The most affordable housing seems to
thrive when other aspects of the economy suffer. During down turns in the economy,
foreclosure rates can
increase as much as 25 percent, while rental housing can increase as
much as 30 percent. While lost revenue affect commercial office and retail
properties, rental housing offers an inexpensive option to the public in need of
These programs are an important part of a very competitive
sector of the commercial mortgage lending market. Lenders want your business
and are willing to compete on multi family units and apartment building
financing loans. We create a competitive environment by
shopping your request for financing multifamily unit apartment loans to a wide variety of competitive lenders
that specialize in this type of commercial real estate. You will know the benefit of our unequaled efficiency
and service with a great program and with low fees.
Our only goal is to be your main source for the
most appropriate lenders for the financing of multi-family apartment loans. We provide customized
solutions for commercial real estate investors
across the nation. If you need to refinance an existing property or you need purchase money - we can help structure the
terms that most suitably meets your needs.
LTV - Programs provide financing usually at 80% of
appraised value or sale price, whichever is lower.
For amounts over $1MM, there are lenders that will go higher or will
allow seller carry back seconds for a combined LTV of 85% to 90%.
Debt Service Coverage Ratio - The cash flow
from units must be at least 1.00 to 1.20 times the mortgage payment. This will
vary a little from lender to lender
Term - 1, 3, 5, 7, 10, 15, 20 ,25
and 30 year fixed rate terms are available. Short term adjustable rate mortgages
are most common due the the lower rates, payments and higher cash flow. Interest only and balloon notes are
also available for these properties.
Interest rates vary
depending on program. Call for many more terms and
programs available. Get a multi family apartment financing
loan quote now.
Prepayment Penalties and Lockout Periods
10, 15, 20 year fixed rates -
will usually have prepayment penalties based on "yield maintenance" or "defeasance".
3 and 5 yr fixed rates -
a decreasing prepayment each year (e.g. 5%, 4%, 3%, 2%, 1%).
Adjustable rate mortgages- typically have a
declining and smaller prepay penalty depending on program (e.g. 3%, 2%, 1%).
Lockout period is defined as
an interest guarantee to the lender. No matter what happens, the lender will
be paid interest for the lockout period. This can range from 2 to 5 years
depending on negotiations for rate.
to to find out what investment lending programs might work best for your situation.
There is no cost, obligation or credit check made
to get the preliminary information. Apartment loans and fulti-family financing lenders
provide mortgages that are available for investment properties 5 units and
above. Submit a Quick App and we'll provide competitive programs for commercial
estate ranging from $75,000 to $100,000,000 or beyond.
Apartment Multi Family Financing Loans
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