Apartment Building Loans

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.

Apartment building loans.

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. Direct can provide financing for all of the following. 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. Apartment building loans are a lot like other residential real estate financing.

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. Direct commercial funding offers the financing investors and owners need to purchase build or refinance an apartment building. One of the best interest rates is from a life company at 3 95 for a 25 year fixed. No matter what the size of the building we can offer apartment building loans that fit an owner or investor s individual needs.

Freddie mac is another nationwide source of mortgage capital for apartment building financing. Freddie mac apartment loan program small balance.