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Apartment Loan
Quick Links |
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Large
Balance Apartment Loans |
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Today's Apartment Loan Rates |
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Fixed |
Rate |
Term |
Amort |
LTV |
| 5 yr |
3.86 |
5 yr |
30 yr |
55 |
| 5 yr |
4.11 |
5 yr |
30 yr |
65 |
| 10 yr |
4.60 |
10 yr |
30 yr |
55 |
| 10 yr |
4.85 |
10 yr |
30 yr |
65 |
| 10 yr |
5.05 |
10 yr |
30 yr |
80* |
| 30 yr |
6.55 |
30 yr |
30 yr |
80 |
| 35 yr |
4.75 |
35 yr |
35 yr |
85 |
| 5 yr |
6.51 |
6 yr |
30 yr |
75 |
| 7 yr |
6.81 |
8 yr |
30 yr |
75 |
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CommercialBanc
Large Balance
Apartment Loans
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With funding sources
including its own portfolio,
insurance companies, REITs,
conduits, and direct
correspondents of both the
Fannie Mae DUS™ Lender
program and Freddie MAC,
CommercialBanc provides the
nation's most competitive
and aggressive apartment
financing for apartment
loans above $5 million. |
Agency-Series Large Balance Apartment
Loan Program
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CommercialBanc's
Agency-Series™
Apartment Loan
Program provides
highly customizable
products that can be
structured around an
individual's
borrowing needs and
property constraints
to accomplish the
desired investment
objectives. |
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Customizable Fixed Rate
Terms -- 5, 7, 10, 15,
18, 20, 25, & 30 Yr. Terms
Defeasance, Yield
Maintenance, and Decreasing
Term Prepayment Options
High Leverage to 80% LTV
With 5% Mezzanine Financing
for 85% CLTV
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Single or Multi-Asset
Properties
Cash, MBS, or DMBS
Execution
365 Day Extended Rate
Locks
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Balloon or Non-Balloon
Terms
Non-Recourse Above $1.5
Million
Tiered Risk-Based
Pricing
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Fixed+1™:
Provides borrowers with the
flexibility of having no
prepayment penalty by
combining a fixed-rate
period of 5-15 years
followed by a 1 year
adjustable rate period where
the apartment loan can be
prepaid without incurring a prepayment
premium. |
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Extended Rate Lock:
Allows borrowers to lock a
fixed-rate up to 365 days
prior to closing to hedge
against adverse interest
rate risk in a volatile or
rising interest rate market. |
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Fannie Mae DUS Plus:
Standard Fannie Mae DUS
multifamily loan program
combined with mezzanine
financing to provide
borrowers with additional
leverage, maximum 85% CLTV. |
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Supplemental Loans:
Allows borrowers to obtain
additional proceeds on
properties where initial
multifamily loan has been in
place a minimum of 12
months. |
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MultiRateMortgage:
Highly customized product
combines the savings of
short-term interest rates
with the certainty of fixed
long-term interest rates.
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DMBS Large Balance
Apartment Loan
Program
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The DMBS program
uses short-term
discount securities
to fund the
mortgage
for the acquisition
or refinance of
multifamily,
seniors, and
student housing
properties. |
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For multifamily
loans above $25
million, DMBS
provides
borrowers with
substantially
lower interest
rates through
variable-rate
pricing with the
ability to
convert to a
fixed-rate at
any DMBS
maturity date. |
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DMBS are
non-interest
bearing
securities sold
at a discount
and repaid at
par with a 3
month maturity,
at which point
the DMBS may be
rolled over into
a new DMBS or
converted to a
fixed-rate
multifamily
loan. |
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Low-Cost
Variable Rate
Apartment
Financing
Ability to
Convert to a
Fixed Rate
Apartment Loan
at DMBS Maturity
No Yield
Maintenance
Prepayment - Fee
Maintenance or
1% Prepayment
Fee
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Single or Multi-Asset
Properties
5, 7, or 10
Year Terms
Interest
Only Payment
Option
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Multi-Asset
Minimum $50
Million
Up to 30
Year
Amortizations
Supplemental
Loan Eligibility
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