Bridge loans for apartment financing is available for the purchase and rehabilitation of apartment buildings, entire apartment complexes and multifamily developments. .
With a Bridge Loans from Multifamily Loan Store, borrowers can be assured of fast approvals and quick closings. As a relationship driven apartment loan provider, we seek to work with clients that are building a business and need loans to purchase and rehab new acquisitions or that want to do cash-out refinance apartment loans to complete repairs and improve and stabilize older apartment buildings.
- Loan to Value … 65% ARV (After Repair Value)
- Loan to Cost …… 80% (Loan to Cost determined on a per project basis)
- Points & Fees ….. 3-8 points
- Interest Rates … 10-15% Interst Only
- Term ……………. 6-36 months
- Prepayment …… None (minimum interest may apply)
GET STARTED TODAY! Apply online using our Online Easy App.
Providing bridge loans and apartment loans in all 50 states with primary focus on the cities listed in the Standard & Poor’s Case Shiller Index – Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, Fort Lauderdale, Orlando, San Diego, New York, San Francisco, Phoenix, Atlanta, Tampa Bay, Detroit, Minneapolis-Saint Paul, Charlotte, Dallas / Fort Worth, Portland, Seattle, Cleveland, Oklahoma City, Jacksonville, Indianapolis, Nashville, Kansas City, Louisville, Milwaukee, New Orleans, Philadelphia, Raleigh, Sacramento, Salt Lake City, San Antonio, San Jose, Saint Louis, Tucson, Austin, Baltimore.