Crefcoa

Apartment Lending Center

Maximize your multifamily investment with apartment financing designed to meet your specific needs.

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How can we help?
Call, email or request an online quote. It's your choice. We're here to help.
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Apartment Loans
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Apartment Loan Rates
Banc Series Select
Fixed Interest Rate Amort LTV
3-yr 3.65% - 3.80% 30-yr 55% - 75%
5-yr 3.70% - 4.05% 30-yr 55% - 75%
7-yr 3.90% - 4.25% 30-yr 55% - 75%
10-yr 4.25% - 4.60% 30-yr 55% - 75%
Banc Series West Coast
Fixed Interest Rate Amort LTV
3-yr 3.15% - 3.50% 30-yr 50% - 75%
5-yr 3.51% - 3.88% 30-yr 50% - 75%
7-yr 3.88% - 4.26% 30-yr 50% - 75%
10-yr 4.22% - 4.60% 30-yr 50% - 75%
15-yr 4.18% - 4.56% 15-yr 50% - 75%
Banc Series Nationwide
Fixed Interest Rate Amort LTV
5-yr 3.61% - 4.28% 30-yr 55% - 75%
7-yr 4.44% - 4.94% 30-yr 55% - 75%
10-yr 4.88% - 5.32% 30-yr 55% - 75%
Fannie Mae Multifamily
Fixed Interest Rate Amort LTV
ARM 2.36% - 2.78% 30-yr 55% - 80%
5-yr 3.84% - 4.26% 30-yr 55% - 75%
7-yr 4.01% - 4.43% 30-yr 55% - 80%
10-yr 4.24% - 4.56% 30-yr 55% - 80%
12-yr 4.42% - 4.84% 30-yr 55% - 80%
15-yr 4.67% - 5.09% 30-yr 55% - 80%
30-yr 5.10% - 5.52% 30-yr 55% - 80%
HUD FHA 223(f) & (d)(4)
Fixed Interest Rate Amort LTV
35-yr 3.60% - 4.40 30-yr 83%
Rates Updated Daily
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California Apartment Loans
California Apartment Loans
One of the largest and most diverse markets for multifamily housing, California properties require more than just a "one size fits all" approach to apartment financing.
  • Multiple program options available
  • DSCR as low as 1.15
  • Interest only options
  • Flexible prepay structures
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Multifamily Loan for Life™
Multifamily Loan for Life
With fixed interest rates up to 30 years, Crefcoa's Multifamily Loan for Life eliminates interest rate risk preserving the integrity of your investment.
  • Fixed rates up to 30 years
  • No balloon payments
  • No interest rate resets / adjustments
  • Non-recourse
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Best Program for You
Which Program is Best
Which one of our apartment building loan programs is best for you? By providing some basic information about yourself, your property and what type of apartment financing you are looking, we can help you decide which one of our programs is best for you.
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Multifamily Learning Center
Knowledge Center Articles
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The Crefcoa Multifamily Lending Group Advantage

When it comes to investing in multifamily housing properties, often times the difference between a good investment and a great investment is financing. Crefcoa understands this and that's why we‘ve developed a comprehensive mix of highly customized multifamily and apartment building loan programs to help maximize your return based on the individual needs and requirements of you and your property.

  • Multiple loan programs ensure you get the financing that’s best for you and your property.
  • Strong origination volume enables us to negotiate the most favorable rates, terms and costs.
  • Over two decades of knowledge & experience ensure certainty of execution.
  • Efficient, convenient and simplified online electronic loan platform saves you time and money.
Quick Quote Apply Now Get Prequalified
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Banc Series Bank Balance Sheet Apartment Loans

The Banc Series Apartment Loan program is a dynamic mix of bank balance sheet loan programs for 5+ unit multifamily properties. By partnering with the most competitive and aggressive banks in the country to create the Banc Series™ product line, we can custom tailor financing based on location, property characteristics, and investor (sponsorship) profile -- providing you with most competitive and dynamic apartment financing options available to meet your individual goals and objectives.
  • 5+ unit apartment buildings
  • Mixed-use properties (25% commercial)
  • Mobile home parks
  • Rate lock at application - hedge short term interest rate risk with up to 90 day locks
Quick Quote Apply Now
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Agency Multifamily Loans (Fannie and Freddie)

A correspondent of both the Fannie Mae and Freddie Mac multifamily loan programs, as well as a facilitator of the HUD/FHA multifamily program, Crefcoa is one of a select few financial intermediaries able to offer you the unmatched performance and program flexibility offered by all three agencies.  View Fannie Mae apartment loan interest rates
Fannie Mae Multifamily
Freddie Mac Multifamily
  • Apartment financing from $5mm
  • Full term interest only available
  • Tiered risk based pricing
  • Up to 80% leverage with 1.25 DSCR
  • Lease up program options
Quick Quote Apply Now
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HUD FHA Multifamily and Apartment Building Loans

Crefcoa provides HUD FHA insured apartment mortgages under FHA Section 223(f) and 221(d)(4) for the acquisition or refinancing of apartment and multifamily housing properties. HUD FHA apartment loans are a great financing option for borrowers looking for maximum leverage and longer fixed rates and terms. Financing also available for healthcare properties through FHA Section 232.
  • Up to 35 and 40 year fixed rate terms
  • Leverage up to 83% (90% for construction)
  • Non-recourse / assumable
  • No population or geographic restrictions
  • Market rate or affordable
  • Construction or permanent financing
Quick Quote Apply Now
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Capital Markets - CMBS, Life Company, REIT

The capital and secondary markets play an important role in providing both debt and equity to the multifamily housing community. With more than two decades of experience and deep capital market relationships, we ensure proper loan structuring and successful execution at the lowest fixed rates and costs. Sources of capital include CMBS, REIT, life company, hedge funds, pensions and more.
  • Loan sizes starting at $5mm
  • Single and multiple asset execution
  • Debt and equity available
  • Long-term, fixed-rate and floating options
  • Non-recourse / assumable
  • Apartment, student, senior, mobile home park
Quick Quote Apply Now
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Multifamily Specialty Property Types and Programs

  • Dedicated Student Housing Loans - Designed for the special needs financing of the student housing market. Crefcoa provides student housing loans with flexible financing terms, including supplemental loans and structured transactions.
  • Seniors Housing Loans - Seniors housing loans for properties that provide Independent Living, Assisted Living with or without Alzheimer's care. Bond Credit Enhancements available for non-profits and owners of affordable seniors housing facilities.
  • Affordable Housing Loans - Affordable housing loans available for multifamily properties, suburban garden apartment, high-rise, new construction, and renovation of existing properties. Forward commitments and LIHTC debt financing, bond credit enhancements, and equity solutions available.
  • Military Housing Loans - Dedicated loan program for properties with more than a 20% military tenant concentration, or the subject's market is heavily influenced by a military base.
  • Cooperative Apartment Loans - Cooperative financing program provides financing options for properties in which the residents collectively own the building(s) and property through their shares in the cooperative corporation. The cooperative corporation grants occupancy rights to the shareholder tenants through proprietary leases.
  • Manufactured Community Housing Loans - Flexible financing terms with competitive pricing for ground lease manufactured housing communities with a minimum of 50 sites.
  • Interest Only Apartment Loans - For qualified properties and sponsors, Crefcoa provides stated income apartment loans through multiple programs.
  • Non-Recourse Apartment Loans - Apartment loans with no personal recourse (with exception of standard carveouts) are available for many of our multifamily programs.
  • Mezzanine Apartment Loans - Mezzanine financing for apartment and multifamily properties is available for well qualified sponsors with assets located in major markets.
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Stated Income

The stated income apartment loan program does not require personal or business tax returns. Personal financial statements and three years of property operating statements are required to verify ability to service the debt.
  • Tax returns not required
  • No personal or global debt DSCR
  • Property operating statements required
  • Credit and financial capacity requirements

Bridge Apartment Loans

Short term or bridge apartment loans are available for the renovation or repositioning of multifamily properties. Program can also be used for stabilized properties requiring a quick close or waiting for a permanent close.
  • $5 million minimum
  • Strong experienced sponsorship req.
  • Up to 80% loan-to-cost
  • Floating rate over LIBOR
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Apartment loan availability -- including LTV, DSCR, and loan size -- may vary depending on property location, economic conditions, exposure, and other variables that may negatively influence risk. Loan programs and program guidelines (including, without limit, fees, rates and features) are subject to change. Information provided is not an offer to make a loan and should be used for informational purposes only. Learn more about Fannie Mae and Freddie Mac. Visit Crefcoa's home page to learn more about all of our commercial mortgage programs.
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