Commercial
Apartment Financing
Unlock the potential of your real estate investments with CMRE's Apartment Financing program. Secure competitive financing, starting at rates as low as 8.5%, and capitalize on opportunities in the multi-family housing market. Our flexible terms and expert guidance make apartment financing accessible and efficient.
Program Benefits
Competitive interest rates starting at 8.5% to maximize your investment returns.
Financing available for a wide range of apartment building sizes and locations.
Benefit from higher loan-to-value ratios, up to 75%, to minimize your upfront capital.
Streamlined application process for quick approvals and efficient funding.
Expert guidance from experienced commercial real estate financing professionals.
Customized loan solutions tailored to your specific investment goals and property needs.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
55%
Loan Amount Range
$500K - $10M+
Amortization Options
Eligible Properties
- Apartment Buildings
- Multi-Family Housing
- Mixed-Use Properties (with residential component)
Program Requirements
Income Documentation
- •Demonstrated history of consistent rental income from similar properties.
- •Detailed financial projections showcasing the property's income potential.
- •Personal and/or business tax returns to verify income stability.
Asset Verification
- •Sufficient liquid assets to cover closing costs and potential vacancies.
- •Verification of down payment funds and reserves.
- •Schedule of real estate owned, if applicable.
Insurance & Title
- •Comprehensive property insurance coverage to protect against potential losses.
- •Liability insurance to cover potential legal claims.
- •Flood insurance, if the property is located in a flood zone.
Property Requirements
- •Minimum FICO score of 640 or higher.
- •Satisfactory credit history with no major derogatory marks.
- •Demonstrated ability to manage debt responsibly.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
Apartment loan terms typically range from 5 to 30 years, depending on the lender and the specific loan product. Shorter-term loans may offer lower interest rates but higher monthly payments, while longer-term loans provide more manageable payments but may result in higher overall interest costs.
Closing costs for apartment financing can vary depending on the loan amount, lender fees, and third-party services required. Common closing costs include appraisal fees, legal fees, title insurance, and loan origination fees. It's important to obtain a detailed breakdown of all closing costs before proceeding with the loan application.
Interest rates for apartment loans are typically determined based on several factors, including the borrower's credit score, the loan-to-value ratio, and prevailing market conditions. Lenders may also consider the property's location, condition, and income-generating potential when setting the interest rate.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
