Multifamily Apartment Loans
LENDERLINE® is currently offering multifamily apartment mortgages for properties located anywhere in the United States under the following guidelines:
- Property must be located in the State of California.
- The property must be located in the United States, Puerto Rico, the Virgin Islands or Guam.
- Multifamily with 5 or more units.
- Purchase, refinance, rehabilitation, new construction.
- Class A, B and C properties.
- Up to 83% LTV for purchases.
- Up to 80% LTV for cash-out refinances.
- Fast-track processing.
- Non-recourse and assumable.
- No maximum loan amount.
- For-profit and not-for-profit borrowers.
- Up to 40 year amortization terms.
- Debt service coverage ratios as low as 1.20.
- Consolidated construction and permanent financing.
- Eligible closing costs/lender fees can be included in the loan.
- Commercial space may be included if it serves project residents.
To download a loan application
for our multifamily apartment loan program:
LENDERLINE® is your multifamily apartment lender of choice. If you would like to buy an apartment complex, or if you need to refinance one of your existing apartment loans, call us today.
Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at (888) 661-7888, or complete this form to schedule an appointment.