Get Financing for Your Apartment Building or Multi Family Projects

Annoyed by your online search for apartment loans in order to invest, acquire, purchase or refinance of multi family apartment buildings? Not sure of where to start? Let me help you begin the loan process and help you along the way of getting your new apartment funded!

We have relationships with several qualified apartment building and multifamily lenders who would like to know more about your deal. The right financing can be the difference between an average investment and a great investment, when it comes to making an investment in multifamily housing properties in the United States.

 

multi family apartment buildings

Apartment Building Loans

That’s why we have several lender relationships who offer competitive apartment building loan programs to help capitalize on your return, because everyone’s needs are different and each loan situation is unique perhaps like yours. We’ll show you the best programs available in today’s market.

We are able to offer you multifamily apartment building financing programs that vary from full documentation requirements (lower interest rate) and 80% LTV – 90% LTV and we also can provide limited documentation and stated income doc loans. Naturally interest rates vary between the three programs, so give us a call now and we’ll be able to provide you with more details.

We have Multifamily Loan Programs that provide apartment and mobile home park loans for purchase or refinance. Loan balances approved between $500,000 and $20,000,000 for performing projects in stabilized communities.

Some Details About Apartment Building Financing

This is available as a non recourse. a non-recourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. Includes Below market 5, 10, 15, and 25 year fixed rates and loan amounts of $1 million to $20 million!

• 30 Year amortization
• No balloons required, like in the past
• Up to 80% loan to value ratio for eligible projects and locations

The Recourse Program includes apartment loan amounts of – $500,000 to $10 Million in funding are available now…

• * Below Market 3, 5, 7, 10, year fixed rates
• * 30 year amortization * No balloons
• * Up to 75% LTV for eligible projects and locations

Our stated income programs for apartment buildings include the following guidelines below…

• Loan amounts between $100K and $2 M
• LTV to 70% on 1-4’s and 5+ apts (Max $1 Mil on 1-4 units)
• LTV to 65% on commercial
• CLTV to 80% allowed
• 3 and 5 year fixed rates
• 30 year amortization
• FICO above 650

If the above lending criteria fit your current needs or if you need more clarification, then call or contact us now…

Generally stated income commercial mortgage loan programs do not require personal or business tax returns. They are for investor properties and are non owner occupied. No need to present: personal tax returns, business tax returns (yours, not the subject property), personal debt-to-income analysis not required and no form 4506-T. These stated loans are an option for self-employed borrowers, or other borrowers who may have trouble documenting their income.

Another option I like are the commercial mortgage loans financing programs offered by the SBA 7(a) program including multi family properties.

call 972-715-1618 for apartment loan quote image

How we work… at Commvestor Funding, we have relationships and access to lenders that want to fund your apartment loans. The market has changed and the recession is over. Money is available and it is our job to help you get it. Whether it is for a commercial property purchase or refinance, start your loan funding process here. Here is more about how to get an apartment building loan and would like to learn more.

Remember back in the day when many commercial mortgage loans closed had required a balloon note? Do you have one still? Is due now or will be due soon? Many of these were from the time period of 2006 – 2012. Call us so we can help you refinance your property and get rid of that balloon!

Let us be off assistance in getting apartment loans for apartment buildings and multifamily properties in the United States.

Touch to Call!