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Apartment Loan
Quick Links |
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Small
Balance Apartment Loans |
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With cash or MBS execution,
fixed rate terms to 30 years, balloon or no balloon options,
and flexibility in prepayment options available, let one of
CommercialBanc's experienced, professional multifamily
financing specialists help custom tailor an apartment loan
that best meets your needs. |
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Fannie Mae Small
Balance Multifamily
Loan Program
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CommercialBanc, a direct
correspondent of the
Fannie Mae DUS™
Lender Program, offers
Fannie Mae's
multifamily loan
products through its
Agency-Series™ Multifamily Loan
Program, including the
3MaxExpress™,
DUS Mortgage, DUS Plus, and Choice
Refinance. |
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The
Fannie Mae
3MaxExpress™
multifamily loan
product offers
flexible terms and
streamlined
processing for
apartment loan sizes
to $3 million, and
up to $5 million in
some areas. Designed
for low cost
execution,
competitive pricing,
reduced
documentation, and
streamlined third
party reports, the
3MaxExpress™
apartment financing
product offers
borrowers unmatched
performance and
value. |
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Low Fixed
Interest Rates
5-30 Year Fixed Rate Terms
Supplemental Loan
Eligibility
Finance up to 3%
of Closing Costs
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Extended Rate Lock
Options
80% LTV / 85% With Mezz B Note
Interest Only Payment Options
365 Day Extended Rate
Locks
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Overview: For qualified borrowers
and properties, Fannie Mae offers the lowest
fixed interest rates with customized terms
to deliver highly target apartment
financing solutions. Slightly higher
transactions costs and longer closing
periods than the CommercialBanc's
Banc-Series™
Apartment Loan Program.
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Fannie-Mae DUS Large Balance Apartment
Loan Program
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CommercialBanc
provides the
Fannie Mae DUS
standard multifamily
loan program
through its Agency-Series™
program. The
standard multifamily
loan program provides
highly customizable
apartment financing 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 Year 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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