Non-Recourse Financing Available

APARTMENT LOAN STORE is a highly skilled commercial mortgage banking firm, closing your loan as proposed with the lowest rates available in America since 1997.

Apartment Loan Rates
$500,000 to $100M, 5 Units +

Fixed Period Amortization Rate
5 Years 30  Years 3.87% – 4.65%
7 Years 30  Years 4.09% - 4.84%
10 Years 30  Years 4.41% - 5.13%
12 Years 30  Years 4.65% - 5.37%
15 Years 30  Years 4.89% - 5.61%
35 Years 35   FHA 3.85% plus MIP
Bridge Loans Int Only 6.00%  - 12.00%


Commercial Loan Blog

April 22, 2014

In last week’s article, “Customer Service and Apartment Loans,” we covered mostly poor examples of customer service when it comes to multifamily financing, which also applies to any type of commercial loan.

This week, we are going to give you 10 examples of excellent customer service for multifamily lenders – the types of things you should look for in getting your multifamily loan.

10 Examples of Excellent Customer Service for Multifamily Lenders:

  1. Your multifamily lender returns calls promptly – within an hour to a few hours... more

April 21, 2014

Commercial Construction loans are a complicated process. But once you understand how they work and start thinking like a commercial construction loan lender, you will know what it will take for you to obtain one. At Apartment Loan Store, a commercial mortgage banking firm we work backwards and start with prequalifying the permanent loan. We recognize that commercial construction loans have seven key components that will need to be analyzed by the lender to pre-approve the loan. Here they are:

  1. Start With the Income of the Property First –... more

April 18, 2014

If you are going to keep your apartment building for a long time and are looking for a long term fixed rate mortgage, we will have you look at a Fannie Mae, Freddie Mac, HUD/FHA, Insurance Life Companies, and Commercial Mortgage Backed Security (CMBS) loans. These rates can be fixed from 10 to 35 years and have terms (loan matures) of the same duration. A HUD loan has a 35 year fixed rate that is lower than most commercial banks’ five year fixed rates and yes, it is fully amortizing (has a 35 year amortization). If you are planning on keeping your property for life... more