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: 12/08/2021
For Loans $1,000,000 and above. Call for rates for loans under $1M.| Fixed Term | Rate | Amortization | LTV |
|---|---|---|---|
| 35 Years | 2.59% - 3.07% | 35 Years | 80% - 85% |
| 10 Years | 3.15% - 4.20% | 30 Years | 75% - 80% |
| 10 Yr Int. Only | 3.19% - 4.30% | 30 years | 75% |
| 7 Years | 3.25% - 4.27% | 30 Years | 75% - 85% |
| 30 Years | 3.30% - 4.31% | 30 Years | 75% - 80% |
| 15 Years | 3.31% - 4.46% | 30 Years | 75% - 80% |
| Bridge/Rehab | 4.91% - 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: 12/08/2021
| 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% | |
| Large Commercial Banks | 10 | 2.95% - 3.56% | 70 - 75% | 20 - 30 |
| 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 |
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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".
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Multifamily Mortgage Bankers and Brokers since 1997
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