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Apartment Loans

Commercial Apartment Loans

April 3, 2014

What is a commercial apartment loan? It is commercial financing for a multifamily complex of five units or more – usually on a commercially zoned lot. A duplex, triplex, or fourplex would not qualify for a commercial apartment loan, because those are considered residential properties, and are usually zoned residential. However, if the residential units are in contiguous buildings of five units or more, or if there are five units or more on one tax lot, they can qualify for a commercial apartment loan.

Terms of Fannie Mae Apartment Financing, Part 1

April 1, 2014

Fannie Mae apartment loans have some of the lowest rates and best terms available in America today for multifamily properties of five units or more. In 2013, Fannie Mae purchased and guaranteed loans from mortgage lenders totaling $28.5 billion dollars. Fannie Mae pools these loans and sells them as mortgage-backed security investments on Wall Street. Here are some of the terms of a Fannie Mae apartment loan: