Commercial Apartment LoanMultifamily loans and apartment loans, commercial apartment loan, are one in the same. They are the lenders Ideal or, bread & butter loan. They are also the least risky of most loan types due to the large number of prospective tenants who need housing. 
Unlike residential loans, most apartment loan products come in fixed short terms. The 3, 5, 7 and 10 year fixed programs are the most prevalent. The adjustable loan is sought out only when the interest rates are well below that of the fixed product.
These loan products are typically amortized over a 30 year period. However, a loan amortized for 40 years is occasionally made available and depending on the appetite of the respective lender. Their prepay penalties are typically scale down (ie; 3,2,1) and some may come with a yield maintenance prepay.
If you are in the process of purchasing a building or considering a refinance loan, then you've come to the right place. Let us pre-qualify your loan transaction and get you through the doors of one of our preferred lenders to get your loan funded. Have the following documentation readily available. This will be required in order to prequalify your commercial apartment loan transaction;
Once the property's financials have been pre-underwritten and lenders debt servicing requirements have been met, we can take the next step in generating the lenders interest for the proposed loan.
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