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Apartment
Loans can be difficult to source for a potential buyer or for a current owner
who is looking to refinance. Loans
from a single apartment building or for an entire apartment complex are
available through Capital Funding of America.
In fact, apartment lending is one of our specialties.
The minimum requirements for a
project to be considered for funding are:
The property must be located in
the United States (except for Alaska & Hawaii)
The mortgage amount must be at
least $1,000,000
The mortgage must be for a primary
lien position
The loans must be a minimum of 75%
LTV
If there is a second
mortgage, there may only be a 80% CLTV
Loan terms and rates will vary
depending upon market conditions, appraisal, credit worthiness of
borrower, rent roll, etc.
For more detail information on financing your apartment property, please call us at 1-800-322-5985 to speak to one of our Client Services Agents, or use this link to our CONTACT US page.
