Apartment /Mixed Use / Multifamily Loans
provides a wide variety of financing options for multifamily (5 or more units) and Apartments.
***Comparison - FHA and Fannie Mae Multifamily Loan Programs (LINK)
FHA Programs: Purchase up to 92.5% CLTV ; New Construction 90% LTV; Rehabilitation 90% LTV; Refinance 85% LTV and 35-40 year fixed rate.
View Programs: FHA Financing Programs. (word Format)
A. $500,000 to $50,000,000
B. Non-Recourse loans available
- No persoanl liability or persoanl tax returns required
- C. Purchase
i. Up to 92.5% CLTV loans
ii. Up to 85% LTV
iii. Up to 35 year fixed rate
D. Refinance
i. New Rate and Term
ii. Cash Out
iii. Renovations
iv. Buy out existing partners
E. Construction
i. New construction
ii. Up to 90% LTCost
iii. Up to 40 year fixed rate and amoritization
iiii. Rehab
v. One (1) time close loans available
1. Construction to Permanent
F. Bridge loans
i. Gap funding between purchase or construction and stabalization
ii. Purchase existing discounted properties and close in 30 days
Fannie Mae Loans
View:Fannie Mae Multifamily Programs
i. Non Recourse available (no personal liabilty)
ii. Supplemental Equity Loans available after 12 month
National Commercial Property Loans provides several
direct, highly competitive commercial real estate
loan products for qualified properties with commercial
mortgages up to $50 million plus.
- Executive Summary- Required