Qualifying for Apartment Financing

By Terry Painter/Mortgage Banker, Author of The Encyclopedia of Commercial Real Estate Advice, member of the Forbes Business Council

By Terry Painter/Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice”. 

January 1, 2023

By Terry Painter, Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice" – Wiley Publishers. Member of the Forbes Business Council

By Terry Painter/Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice”, Wiley Publishers. Member of The Forbes Business Council

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

March 01, 2016

Do you want to be successful at something? Get mentored. In the opinion of this writer, this pertains to any area of importance in your life – not only the area of commercial investment and commercial loans, but also other key areas including how to have a good marriage, how to raise children, how to manage money, etc.

And how do they differ from residential mortgage rates? We will also be looking at terms, because terms work so closely with rates.

Commercial property rates work quite differently from residential property rates. Generally with commercial property rates, the higher the number of years of a loan, the higher the interest rate, while with residential property rates, the higher the number of years of a loan equals a lower interest rate.

December 17, 2014

Last week, this blog was about 5 reasons why the Fannie Mae apartment loan is the best in America. If you are in the market for apartment loans, you need to be familiar with the Fannie Mae program.

There are so many multifamily investors who don’t know about the Fannie Mae program. Many of them use banks only and are not aware of this great program.

The second part of this blog is about how to qualify for a Fannie Mae loan.

But first, here is a summary of last week’s blog: