7 Construction Apartment Loan Programs – over 100 sources that are direct
With 7 Construction programs to select from, and over 100 lending that is direct, Apartment Loan will match you because of the Multifamily construction loan system that’s right 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 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 12 months fixed price perm loan
Perm Loan Term: 40 Years, Amortization 40 years
Exceptionally minimal 40 fixed rate year
1. 5 years after conclusion for absorbtion/stabilization
Perm loan rate is locked ahead of construction