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17 Best Apartment Multifamily Loans 2019

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

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 loans for buildings of 5 units or more, and $500,000 plus.

Apartment Loan Store has specialized in the lowest rate multifamily loans for over 20 years.   Do you want a 30 year fixed rate mortgage with a 30-year amortization?  Well, we have that. An interest only loan? Yes, we can do that. A bridge loan to acquire a property that needs rehab so you can fix and flip? Well, we have that too. Do you own a piece of land that you want to build an apartment building on, but you do not have the experience as a developer, and need to bring in investors? Well… you guessed it, we are really good at that too. Do you want the whole transaction to be non-recourse (no personal guarantees) Yes, that too? As an advisory firm, we will even help put your investment or development team together, help you with your pro forma, and analyze the property for value and financing.  READ MORE
 

February 24, 2018

Effective Gross Income is much simpler than it sounds, but also a lot more important than it may sound. It is the actual—and I mean actual—amount of money an investment real estate property has grossed in the past 12 months. Keep in mind that realtors when selling an investment or commercial property may brag that the property is fully rented and show you a pro forma or projection based on the... more

February 19, 2018

So you're applying for a commercial real estate loan and you are told "this is a recourse loan." What is recourse?  Is this good or bad?  Does this matter?  Do you have a choice? Yes, it does matter. Often borrowers do not realize when they apply for an investment property or business loan, that if they default on the loan they can lose more than the real estate or equipment that is... more

February 15, 2018

Commercial real estate loans differ in so many ways from residential loans. It is a different world, or you could say "a different planet.” Here are some differences:

1. On a historical basis, commercial loans have been done with concern to the property first and foremost. And residential loans have been done with concern to the borrower. Since the recession though,... more

February 9, 2018

To finance an apartment building you need to complete 7 tasks: analyze the income of the property, analyize market rents, estimate the appraised value, analyze the condition of the property, analyze your financial strength, research lenders, and apply for the best loan that you qualify for.

 

7 Basic Steps to Finance an Apartment Building/Complex

1. ... more

December 29, 2017

So you're applying for a commercial real estate loan and you are told "this is a Recourse Loan." What is recourse?  Is this good or bad?  Does this matter?  Do you have a choice? Yes, it does matter. Often borrowers do not realize when they apply for an investment property or business loan, that if they default on the loan they can lose more than the real estate or equipment that is collateralizing the financing.... more

December 15, 2017

At Apartment Loan Store, some of our funds for permanent and bridge loans for financing apartment buildings come from REITS. These loans have great rates and reasonable terms with one to 10 year fixed rates and usually a 25 – 30 year amortization.   

REIT stands for Real Estate Investment Trust. REITS are companies owning and usually operating real estate that produces income. There are... more

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