Which Apartment/Multifamily Loan is Right for You?

Since 1997, we have shopped our network of affiliated lenders to land our clients the best deals on apartment building loans of 5 units or more, and $750,000 plus. Apartment Loan Store has specialized in the lowest rate multifamily loans for over 20 years.     READ MORE

 

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 

 

 

 

Featured in:
Business Insider
Forbes 
The Real Estate Network
Excellent Customer Reviews
 
 
Apartment loans low rates
Multifamily loan rates and Commercial loans

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

Commercial Real Estate Investing for DummiesFROM:   Peter Harris    Author of the book “Commercial Real Estate Investing for Dummies”

"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".

 

 

 
Mortgage Bankers Associate Member
apartment/multifamily loans
 
Commercial loan experts