Apartment Building Loans

Freddie mac is another nationwide source of mortgage capital for apartment building financing.

Apartment building loans.

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

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