Small Apartment Loans

Adjustable rate mortgage capped cooperative apartment financing.

Small apartment loans.

Beyond our specialities in traditional low cost non recourse multifamily finance multifamily loans maintains unique. Loans to smaller rental properties play a unique role in the rental housing market. 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. While financing options under 1 million are extremely limited for apartment properties multifamily loans offers financing starting at as little as 100 000.

In the middle is a 15 year fixed fannie mae loan at 3 65. One of the best interest rates is from a life company at 3 95 for a 25 year fixed. 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. With ltvs up to 80 non recourse options are available for loans of 750 000 and above.

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. Tax exempt bond credit enhancement. Custom financing solutions for multifamily properties. 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.

Hybrid adjustable rate loans with fixed initial term followed by an adjustable rate period for the remaining life of the loan. Fha apartment loan rates. Apartment loan store has specialized in the lowest rate multifamily loans for over 20 years. 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.

As a leader among california s multifamily lenders and the only mid size bank focused exclusively on the state we understand the dynamics of our markets and offer a variety of loan programs tailored to apartment owners in the golden state s major metro and surrounding communities. Freddie mac is another nationwide source of mortgage capital for apartment building financing. Ci mezz mod rehab. The loan application process is simple and streamlined.

Multifamily affordable housing mah dedicated student housing extended.