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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
 

December 12, 2015

Commercial Property Investment is a serious business.

There are commercial property investors, especially those just getting into commercial property investing, who do not treat commercial property investments as a serious business. This can have dire financial consequences.

As Director of Marketing for Business Loan Store, and Apartment Loan Store, I have received many calls over... more

December 18, 2015

Fannie Mae and Freddie Mac are the best loan programs in America today. Why are they the best? Because of very good rate and terms.

The answer is simple. If you are looking to purchase or refinance a multifamily property (defined as 5 or more apartment units), Fannie Mae and Freddie Mac are the best loan programs in America today. Why are they the best? Because of very good rate and terms. And they are US... more

December 02, 2015

In the previous article, fundamental points were covered having to do with a type of multifamily construction loan called an FHA construction loan. It is a great type of loan if you want to put less money down, get a great rate, and be able to keep your loan for a long time – 40 years.

In today’s article, I am covering the qualities to look for in a good commercial construction lender. It is known that the selection of a good lender is paramount to successful property investment. But, if you know the fine points to be able to select a great lender, as... more

November 19, 2015

Recently I posted an article entitled "Commercial Construction Loans, Deconstructed" Here are two key points I made:

  • It is a complicated type of commercial loan, definitely not for the beginner. This is because there are so many different, complex parts to it and without sufficient knowledge you could be vulnerable to financial loss. For example, one component has to do with the estimation of material costs and labor costs concerning construction materials. A... more
  • November 10, 2015

    One type of commercial loan is a commercial construction loan. It is quite a complex type of commercial loan and not for someone to jump into without quite a bit of experience, without quite a bit of knowledge, or without a partner who is experienced.

    Why is doing a commercial construction loan such a complex type of loan? It's because there are so many additional parts to a construction loan than a simple non-construction commercial loan such as multifamily or self-storage. And this means so many more skills that are needed having to do with building, and... more

    And how do they differ from residential mortgage rates? We will also be looking at terms, because terms work so closely with rates.

    Commercial property rates work quite differently from residential property rates. Generally with commercial property rates, the higher the number of years of a loan, the higher the interest rate, while with residential property rates, the higher the number of years of a loan equals a lower interest rate.

    Most of the time with commercial rates you get terms with a lower number of years than with residential rates. For example, if you are to get an... more

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