Exactly About Construction Loans Financing – Apartment Multifamily

Exactly About Construction Loans Financing – Apartment Multifamily

7 Construction Apartment Loan Programs – over 100 Direct Sources

With 7 Construction programs to select from, and over 100 direct lending sources, Apartment Loan will match you because of the Multifamily construction loan program that is correct for you personally.

Apartment Loan Store has specialized in commercial construction financing since 1997. We do construction loans for: Apartment Buildings, Senior Housing/55 and older Communities, Student Housing, and Independent/Assisted Senior that is living Housing.

Do you really Be Eligible For a construction loan that is commercial?

Apartment/Multifamily Construction Loan Programs (5 + Devices)

1. FHA New Construction or Major Rehabilitation – 85% – 87% of price, Non-Recourse Construction and Perm Loan

Minimal Loan: $5,000,000 Maximum Loan $25M and above

85% of price for Market Rate Developments, 87% of Cost for Affordable Housing

Construction Loan rolls over seamlessly to 40 fixed rate perm loan year

Perm Loan Term: 40 Years, Amortization 40 years

Extremely Low 40 fixed rate year

18 months after conclusion for absorbtion/stabilization

Perm loan rate is locked ahead of construction

Non-Recourse construction and perm loan

No Tax Statements Required

FF&E may be financed

Draws (average bi-monthly)

No minimum Web Worth Requirement

Minimal Post Closing Cash Requirement

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