Apartment Loans Under $1MM
Apartment and Commercial Property Loans From $250k to $1MM
Arguably the most underserved financial market in the United States is for what some would consider micro commercial property loans and apartment loans. Although $500,000 is nothing to shake your first at, loans under $1,000,000 for multifamily and other commercial real estate are overlooked because it costs a lender the same amount of money to originate a $500,000 loan as a $20,000,000 loan. Further to that point, commercial loan originators are often incentivized by volume and therefore have very little motivation to pursue loans under $1MM as it unnecessarily may double, triple or quadruple their workload (it takes 5x loans for $500,000 to reach $1,000,000).
Loan Sizes $250,000 - $1,000,000 Eligibility and Program Highlights:
Small Commercial Loans With Big Customer Service
Apply For Multifamily or Commercial Real Estate Financing Under $1,000,000 Today.
- Loan Sizes From $250,000 and up
- Credit Scores from 580 and up
- LTVs up to 80%
- Terms: Floating, 3, 5, 7, and 10 years
- Amortizations: 20, 25, 30, interest only
- Interest Rates From 4.375% (depending on loan amount and MSA)
- Low Documentation Programs Available
What Should You Expect When Applying For A Small Balance Commercial Or Multifamily Loan?
30-45 Day Loan Closings
Certainty Of Execution
Aggressive Terms
White-Glove Customer Service
Multiple Loan Options