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Apartment Loan
Quick Links |
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5 Year Fixed Apartment Loan
Rates - Banc-Series
Program
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Fixed Rate |
Buy Down |
Rate Lock |
Term |
Index |
Margin |
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5.98% |
100 BPS |
60 Days |
30 Years |
6 Mo LIBOR |
2.50% |
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6.14% |
50 BPS |
60 Days |
30 Years |
6 Mo LIBOR |
2.50% |
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6.30% |
PAR |
60 Days |
30 Years |
6 Mo LIBOR |
2.50% |
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6.51% |
+ 50 BPS |
60 Days |
30 Years |
6 Mo LIBOR |
2.50% |
Banc-Series™
interest rates are updated on a daily basis,
Monday-Friday, by 11:45 EST., except on
nationally recognized holidays.
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View Detailed
Banc-Series
Apartment Loan Rates |
-- Maximum LTV is 80%
for both purchases and
refinances. 85% available
with
mezzanine financing
-- Prepayment Premium:
5, 4, 3, 2, 0
-- Add 10 basis points to the apartment
loan rate for LTVs greater than 75%
-- Add 25 basis points to the apartment
loan rate for loan sizes under $500,000
-- Add 10 basis points for mobile home
park properties
-- Apartment rates are subject
to change and may not be available at the time
of closing.
-- Interest Rates will not be locked
until all documents requested have been
received.
INTEREST RATE IS FLOATING UNTIL THE TIME OF
LOCK |
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The Banc-Series™
small balance
conduit apartment
loan option offers
borrowers the lowest
fixed-rates of the
three Banc-Series™
program options.
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Apartment loan sizes
$500,000 - $3,000,000 / $5,000,000 in select markets
Tiered risk based
pricing provides
exceptionally low
rates for lower LTVs
May
use
additional sources of
income to help qualify in
low CAP
areas
Available on 5+
unit multifamily and limited
mixed-use properties
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