Apartment Building Loans

Direct can provide financing for all of the following.

Apartment building loans.

In the middle is a 15 year fixed fannie mae loan at 3 65. No matter what the size of the building we can offer apartment building loans that fit an owner or investor s individual needs. 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. 7 best apartment building rehab loans 2020 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.

Freddie mac apartment loan program small balance. One of the best interest rates is from a life company at 3 95 for a 25 year fixed. Apartment building loans are a lot like other residential real estate financing. 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.

Direct commercial funding offers the financing investors and owners need to purchase build or refinance an apartment building. 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.