Apartment Loan Rates

09 11 2020 for loans 1 000 000 and above.

Apartment loan rates.

The 5 1 adjustable rate mortgage arm rate is 3 340 with an apr of 4 020. 3 17 4 65. View fannie mae apartment loan program guidelines. 7 year fixed rates 2 56 up to 80.

Apartment loan rates over 5 000 000 rates start as low as ltv. Apartment and multifamily loan rates range from 2 76 for a 35 year fixed fha loan to 4 65 for a 5 year fixed community bank loan. Fannie mae apartment loan rates pricing notes view detailed fannie mae apartment loan interest rates. 5 30 year fixed cash out for any reason rates starting at 3 29.

These loans are for stabilized properties only with a minimum 750 000 loan amount with rates that can be fixed or floating. Our 2 95 20 year fixed life company rate is also outstanding. Many regional bank loan programs allow you to lock the rate at application. One of the best interest rates is from a life company at 3 95 for a 25 year fixed.

In the middle is a 15 year fixed fannie mae loan at 3 65. More than 90 percent of the apartments we finance are workforce housing and are affordable to families earning at or below 120 percent of the area median income ami the teachers first responders and service workers who are an essential part of their communities. Fixed amortization rate 30 years. 3 29 4 32.

10 year fixed rates 2 60 up to 80. 3 35 4 65. Apartment loan rates rates as of. 10 year fixed from 4 68.

3 86 4 88. Maximum leverage is 80 on purchases and 75 on refinances within designated areas. 7 year fixed from 4 49. 3 23 on a 35 year fixed rate from fha is the best apartment multifamily loan rate today followed by a 3 15 10 year fixed rate from fannie mae.

30 year fixed from 5 12 loan amounts up to 5 000 000 ltv up to 75 80 25 30 year amortization interest only option possible non recourse assumable. 15 year fixed from 4 73. Apartment mortgage loan rates 5 year fixed from 4 45. 3 15 3 55.

As of 3 6 20 fannie mae is requiring index floors be set at 0 70 for the 5 year ust 0 80 for the 7 year ust 0 90 for the 10 year ust and 1 30 for the 30 year. 3 26 4 19. Fnma financing can be used for traditional multifamily properties student housing affordable housing or independent senior living. Multifamily apartment loan rates change daily.

5 year fixed rates 2 66 up to 80.