Apartment Building Financing

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.
Apartment building financing. Freddie mac is another nationwide source of mortgage capital for apartment building financing. Multifamily loans is the premier capital markets solution for multifamily and apartment lending across the nation. It all starts with a property borrower and lender and it all ends if all goes well with a closed loan and newly purchased or refinanced property. Offering financing for apartment buildings otherwise known as multi family properties is an excellent strategy for brokers to expand their business offering and client base.
Investors typically use apartment building financing to purchase properties with more than five units that can generate cash flow build equity increase leverage or earn capital gains. 7 best apartment building rehab loans 2020. Our multifamily options include. By partnering with the most competitive and aggressive banks in the country to create the banc series product line we can custom tailor financing based on location property.
By terry painter mortgage banker member of the forbes real estate council the 7 best apartment building rehab loans in america are ranked based on maximum loan to cost interest rate loan term what it takes to qualify and customer satisfaction. Apartment building loans are a lot like other residential real estate financing. Direct commercial funding offers the financing investors and owners need to purchase build or refinance an apartment building. Apartment loans can be short term or permanent loans that fund the purchase and or renovation of an apartment building with rates from 5 percent to 12 percent.
Apartment building loans from 750k 50 million highly competitive rates terms up to 80 ltv. Beyond our specialities in traditional low cost non recourse multifamily finance multifamily loans maintains unique. Banc series bank balance sheet apartment loans. Assets america offers multifamily loans properties with five or more units including apartment buildings and large condominium projects.
The banc series apartment loan program is a dynamic mix of bank investment bank and credit union balance sheet loan programs for 5 unit multifamily properties. Work with the top nationwide commercial mortgage broker. No matter what the size of the building we can offer apartment building loans that fit an owner or investor s individual needs. Direct can provide financing for all of the following.