September 05, 2014
September 05, 2014
August 19, 2014
It takes putting the customer in your mind’s eye as the most important part of your business. Yes, the customer comes first when it comes to running a multifamily loan business and commercial loan business.
Our attitude needs to be, “How can it be any other way?” Either you are for the customer or you are not, because if you are compromising your customer service, you are not very much for the customer. At ApartmentLoanStore.com, a division of Business Loan Store, we are very proud of our A+ Better Business Bureau rating.
August 5, 2014
The answer is no. Why?
May 12, 2014
A commercial lender makes loans to commercial real estate investors or to a business, but not to an individual. Loans made to individuals are called consumer loans. Real estate loans made to individuals for one to four residential units are consumer loans called residential loans. Commercial lenders usually make loans on properties with five units or more. In most cases, commercial lenders make loans to properties that are zoned commercial.
April 18, 2014
April 9, 2014
Apartment financing options for multifamily properties of five units or more are available in America today in six categories. At Apartment Loan Store, we've specialized in all of these apartment financing options since 1997:
April 1, 2014
Fannie Mae apartment loans have some of the lowest rates and best terms available in America today for multifamily properties of five units or more. In 2013, Fannie Mae purchased and guaranteed loans from mortgage lenders totaling $28.5 billion dollars. Fannie Mae pools these loans and sells them as mortgage-backed security investments on Wall Street. Here are some of the terms of a Fannie Mae apartment loan:
March 27, 2014
Most community banks borrow money wholesale and sell it to you as an investor in apartment buildings at retail. So how are apartment loan rates determined? Most banks borrow money from other banks or from the Federal Reserve, and almost always on the short term (which means they have to pay it back on the short term). These community banks know their cost of funds and add on a margin of profit.
March 25, 2014
Did you know there are big differences between commercial apartment properties and residential investment properties? In some ways it’s like two different planets. The differences are vast.
It's important for you to know the differences. Investors new to commercial apartment properties (also known as multifamily properties) or any kind of commercial properties need to become familiar with the differences between residential investment properties. It's very important to do so before moving into the arena of owning commercial properties.