Posted on July 31, 2009 - by admin
Loans options for owners of small multifamily properties
You hear in a lot of places that the only commercial loans available today are for apartments. Apartment loans are available especially for larger apartment project (over $5 million) where the agency lenders, Freddie Mac and Fannie Mae, and HUD are keeping the market going. These lenders are offering very aggressive rates and in some cases aggressive loans. HUD loans are still available up to 85% LTV and Freddie and Fannie loans are available in the 75 LTV range in most markets. Howeve
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Loans options for owners of small multifamily properties
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