apartment loans

apartment loans / mixed use / multifamily loans

Purchase / Refinance / Rehab / New Construction / Portfolio Loans

National Commercial Property Loans: provides a wide variety of financing options for multifamily (5 or more units) and Apartments.

NON-RECOURSE (NO PERSONAL LIABILITY) LOANS AVAILABLE
APARTMENT NEW CONSTRUCTION LOANS
FANNIE MAE LOANS:

• Non Recourse available (no personal liability)

• Supplemental Equity Loans available after 12 month

    o Equity cash out refinance with 2nd lien 1st lien unchanged

• Up to 80% LTV

    o Purchase

    o Refinance

    o Minimum loan amount $750,000

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.

FHA (HUD) PROGRAMS: ($4 MM MINIMUM LOAN AMOUNT)

• Purchase and new construction up to 85% LTV ;

• New Construction 85% LTCost;

• Rehabilitation 85% LTV;

• Refinance 85% LTV

• 35-40 year fixed rate

• Non Recourse - No personal liability

CONVENTIONAL COMMERCIAL LOANS:

A. $500,000 to $150,000,000

B. Non-Recourse loans available

    o No personal liability or personal tax returns required

C. Purchase

    o Up to 80% LTV

        • Up to 30 year fixed rate

D. Refinance

    o New Rate and Term

    o Cash Out

    o Rehab

        • Up to 80% ARV (after repair value)

    o Buy out existing partners

    o Up to 30 years fixed rates

E. Apartment Construction Loans

    o New construction

    o Up to 80% LTCost

    o 12-24 Months Interest only

    o Rehab

    o One (1) time close loans available

        • Construction to Permanent

F. Bridge loans

    o Gap funding between purchase or construction and stabilization

    o Purchase existing discounted properties and close in 30 days or less

    o Up to 65% LTV

G. Hard Money Loans

    o Purchase Existing Properties

    o Up to 65% LTV

    o Purchase and rehab

    o Up to 65% ARV (after repair value)

    o Non Performing Properties

    o Up to 3 years

    o Closings in as little as 2 weeks

Quick Loan Form
Contact Us Now For Info

CONTACT US NOW FOR INFORMATION

HOURS

Monday

-

9:00AM - 6:00PM

Tuesday

-

9:00AM - 6:00PM

Wednesday

-

9:00AM - 6:00PM

Thursday

-

9:00AM - 6:00PM

Friday

-

9:00AM - 6:00PM

Saturday

-

12:00PM - 5:00PM

Sunday

-

CLOSED

EMAIL, GIVE US A CALL OR SEND US A FAX

Toll Free: 888-640-3444

E-fax: 866-257-9609

A MOPRO WEBSITE