APARTMENT LOAN PROGRAMS

Apartment Loans are available on fixed and variable rate financing on 5 or more units from lenders.  

• Purchase loans up to 80%* of sales price or appraised value 

• Refinance maximums are 75% LTV. 

• ARM's are based on the LIBOR or MTA index. 

• All loans are amortized (payment calculated) over 25 to 30 years.

• Recourse  

• Non-Recourse Loans (Fannie Mae) available on $1Mil +.

As of 3/2/2007

3 yr ARM	5 yr ARM	7 yr ARM	10 yr Fixed	15 yr Fixed
6.30%	6.35-6.65%	6.30- 6.60%	6.31%	6.31%

Rates shown above are for $400,000 to $2,000,000 ( Rates for $2 mil+ are better )

The following is a list of items required for your loan request to be processed and underwritten:

• Current Rent Roll
• Income & Expense Statements (2 yrs.)
• Schedule of Real Estate Owned
• Loan Application
• Color Photos of building (interior & exterior)
• Personal Financial Statement
• Copy of Sales Contract (if purchasing) 

Please completely fill out the application so we can better serve your investment property options. 

Minimum loan amount of $500,000.

* Special for CA Apartment Properties: Loans > $750,000 only ".25 points" and > $1.5mil - 0 points

 * (90% financing with 10% seller carry up to $1.5mil). 

   Find a Commercial Mortgage  ^or 

^{Need  Financing for 2 to 4 Units} 

^{100% financing on Medical Center or Healthcare Medical Facilities}

  65% Financing on properties from $500k to $4mil  - A, B & C properties, no studios or bachelors.

 (restricted to designated metro areas in the Western US,  Loan amounts from $500,000 to $4MM )

  More Details 

  Rates & Loan amounts may vary according to property value, location, income, and credit.

Interest rates and programs are subject to change without notice.

Contact Us by Email or Phone 949.963.9168