Apartment Building Financing

Banc series bank balance sheet apartment loans.

Apartment building financing.

Beyond our specialities in traditional low cost non recourse multifamily finance multifamily loans maintains unique. 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. 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. 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.

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. 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. 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.

Acquisition refinance multifamily construction loans and multifamily bridge loans if you re searching for loans for apartments or apartment building financing look no further. Multifamily loans is the premier capital markets solution for multifamily and apartment lending across the nation. Apartment building loans from 750k 50 million highly competitive rates terms up to 80 ltv. To qualify as a multi family investment property the building must have five or more dwellings apartments whereas buildings with four or less units are still classified as residential 1 4 investment properties in.

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. Direct commercial funding offers the financing investors and owners need to purchase build or refinance an apartment building. Our multifamily options include. Work with the top nationwide commercial mortgage broker.

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. 7 best apartment building rehab loans 2020. 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. Assets america offers multifamily loans properties with five or more units including apartment buildings and large condominium projects.