Multifamily Commercial Real Estate Loan

Sba 504 suitable for commercial real estate loans of 350 000 and above sba 7 a and sba express programs generally provide you with lower down payments and longer financing terms.

Multifamily commercial real estate loan.

Multifamily loans are used by investors to finance multifamily properties between two to four units or commercial residential properties of five units and up. Bank of america financing guaranteed by the sba may be right for your business. Hunt real estate capital has a long and stellar track record of financing commercial real estate with a core focus on the multifamily sector. Homestreet commercial capital loans.

Although 500 000 is nothing to scoff at loans under 1 million for multifamily and other commercial real estate are overlooked because it costs a lender the same amount of money to originate a 500 000 loan as a 20 million loan. This doesn t appear to be changing anytime soon as 2016 is expected to set a new record for multifamily mortgage origination volume. The apartment sector has remained the darling of the commercial real estate for the past six years. Acquisition or refinance of multifamily properties.

Our dedicated team of commercial real estate cre professionals is here to serve your business. Learn more about sba loans. Plus commercial loan originators are often incentivized by volume and therefore have very little motivation to pursue loans under 1 million as it may unnecessarily double triple or quadruple their workload it takes x5 loans for 500 000 to reach 1 million. Multifamily mixed use and manufactured housing communities.

A commercial real estate loan is a mortgage secured by a lien on commercial property as opposed to residential property. As a balance sheet and designated lender with fannie mae freddie mac and fha we bring deep expertise to every project along with the extensive multifamily financing capabilities of a top 10 u s. Available in arizona california colorado hawaii idaho nevada oregon texas utah and washington. Our delegated underwriting and servicing dus model is the premier financing platform in the multifamily market.

Fixed interest rate for 3 5 7 or 10 years. For over 30 years fannie mae multifamily has been a reliable source of mortgage capital for the secondary mortgage market. Commercial real estate cre refers to any income producing real estate that.