Apartment Loan Store
(503)376-7303 Nationwide Since 1997
Everyday 8am to 9pm Eastern
Which Apartment/Multifamily Loan is Right for You?
We offer a full line of Apartment and Multifamily Loan options. We can help you with all of your Apartment Loan, Commercial Loan, and Construction Loan projects. See the full list HERE
Commercial Loans $750,000 to $500,000,000
Apartment Loan Store's Multifamily Conventional Loan Rates as of: 09/20/2021
For Loans $1,000,000 and above. Call for rates for loans under $1M.| Fixed Term | Rate | Amortization | LTV |
|---|---|---|---|
| 35 Years | 2.15% - 3.52% | 35 Years | 80% - 85% |
| 10 Years | 3.17% - 4.19% | 30 Years | 75% - 80% |
| 7 Years | 3.27% - 4.30% | 30 Years | 75% - 85% |
| 10 Yr Int. Only | 3.29% - 4.41% | 30 years | 75% |
| 15 Years | 3.29% - 4.45% | 30 Years | 75% - 80% |
| 30 Years | 3.39% - 4.38% | 30 Years | 75% - 80% |
| Bridge/Rehab | 4.97% - 9.00% | Int. Only | 70% - 80% |
7 Best Rate Multifamily Loans 2021
By Terry Painter/Mortgage Banker
What are the best Apartment Multifamily loans in America? Which programs have the lowest rates and highest LTV’s? What about interest only and prepayment penalties? What does it take to qualify? Which programs require tax returns. Which apartment loan programs are assumable? Based on their rates, terms, and feedback from our clients these programs are ranked number 1–17. READ MORE
Commercial Loan Rates
Rates as of: 09/20/2021
| yrs/fixed | Rate | LTV | Am | |
|---|---|---|---|---|
| HUD/FHA | 35 | 2.89% - 3.28% | 80 - 85% | 35 |
| National Bank Capital Divisions | 5 – 10 | 2.95% - 3.45% | 65 - 70% | |
| Commercial Banks | 10 | 2.95% - 3.56% | 70 - 75% | 20 - 30 |
| Large Commercial Banks | 10 | 2.95% - 3.56% | 70 - 75% | 20 - 30 |
| Life Companies | 5 – 25 | 3.10% - 3.75% | 65 - 70% | 15 - 30 |
| Freddie Mac | 5 – 10 | 3.10% - 4.20% | 75 - 80% | 30 |
| Regional Banks | 3 - 10 | 3.20% - 3.85% | 75% | 25 - 30 |
| Fannie Mae | 5 – 30 | 3.33% - 4.45% | 75 - 80% | 30 |
| Credit Unions | 5 – 10 | 3.50% - 3.95% | 75% | |
| SBA | 5 – 25 | 3.56% - 5.75% | 75 - 90% | 25 |
| CMBS | 5 – 10 | 3.60% - 4.00% | 75% | 25 - 30 |
| REIT | 5 – 15 | 4.25% - 4.54% | 75% | 25 |
| Crowd Funding | 5 | 5.95% - 7.95% | 70 - 80% | Int. Only |
| Bad Credit Secondary Market Lenders | 3 - 5 | 6.50% - 8.95% | 70 - 75% | 30 |
| Private Debt Funds | 2 - 5 | 6.95% - 8.25% | 70 - 75% | Int. Only |
| Hard Money | 1 – 2 | 8.95% - 12.99% | 70% | Int. Only |
Check out our latest articles on Forbes Real Estate Council
3078 views | Apr 6, 2021
Are You Buying At The Top Of The Real Estate Market?
If the shelves are almost bare, don’t panic and buy a property because it’s the best of the worst that are available.
685 views | Mar 2, 2021
Forming A Real Estate Syndication: Why Not Start At The Top?
If you were born to invest in real estate, then becoming a real estate syndicator can open many doors.
795 views | Feb 2, 2021
Six Real Estate Investing Mistakes Beginners Should Absolutely Avoid
When you are new to investing in real estate, it is especially critical that you have a hands-on approach to running the property.
434 views | Dec 28, 2020
Commercial Real Estate Rates: How Much Can Lenders Bend?
Here are some of the basics you need to know to be on a more equal footing with commercial lenders.
Commercial Loan Experts
FROM: Peter Harris Author of the book “Commercial Real Estate Investing for Dummies”
FROM: "I have personally known Terry Painter and Apartment Loan Store since the early 2000's. Since then, Terry is the first person we call when a commercial loan is needed - pretty much anywhere in the U.S. The best thing about Terry is his upfront work on the deal you are considering - you will know if your deal is going to get funded or not right away. That's huge! No other lender that I've worked over the last 20 years puts in as much work as Terry".
 |
 |
 |