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Apartment Lending Center

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

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Call, email or request an online quote. It's your choice. We're here to help.
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Apartment Loans
Apartment Loan Rates
Freddie Mac Multifamily
Fixed Interest Rate Amort Max LTV
5-yr 3.01% - 3.25% 30-yr 80%
7-yr 3.21% - 3.45% 30-yr 80%
10-yr 3.36% - 3.65% 30-yr 80%
Fannie Mae Multifamily
Fixed Interest Rate Amort Max LTV
5-yr 3.30% - 3.50% 30-yr 75%
7-yr 3.65% - 3.36% 30-yr 80%
10-yr 3.18% - 3.52% 30-yr 80%
12-yr 3.33% - 3.68% 30-yr 80%
15-yr 3.68% - 4.02% 30-yr 80%
30-yr 4.17% - 4.53% 30-yr 80%
Banc Series West Coast
Fixed Interest Rate Amort Max LTV
3-yr 3.60% - 3.95% 30-yr 75%
5-yr 3.68% - 4.10% 30-yr 75%
7-yr 3.85% - 4.30% 30-yr 75%
10-yr 3.95% - 4.35% 30-yr 75%
15-yr 3.90% - 4.58% 15-yr 75%
Banc Series Nationwide
Fixed Interest Rate Amort Max LTV
5-yr 4.53% - 4.83% 30-yr 75%
7-yr 4.23% - 4.53% 30-yr 75%
10-yr 4.65% - 4.95% 30-yr 75%
HUD FHA 223(f) & (d)(4)
Fixed Interest Rate Amort Max LTV
35-yr 2.65% - 3.65% 35-yr 83%
Rates Updated Daily
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
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
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.
Multifamily Learning Center
Knowledge Center Articles

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. Programs available to refinance your current apartment loan or finance the purchase of a multifamily 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

Freddie Mac Small Apartment Loan Program

The Freddie Mac Small Balance Loan (SBL) Program dominates the 5+ unit multifamily loan space and has changed the way borrowers obtain apartment loans by providing more financing options, better terms, lower rates, and a quicker, simplified loan process.
Freddie Mac SBL Program Highlights
  • Available nationwide
  • Up to 80% LTV
  • 30 year amortization
  • 5, 7 and 10 year fixed rate options available
  • Converts to ARM at the end of the fixed term
  • No underwriting floor rate maximizes proceeds
  • Cash out to 80% in Top and Standard Markets
  • Tax returns not required
Quick Quote Apply Now

Fannie Mae Multifamily Loans

With industry low interest rates, customized terms and certainty of execution, the Fannie Mae DUS Multifamily Loan platform is one of the single largest sources of capital to the multifamily housing market. Hedge interest rate risk with fixed rate terms up to 30 years, maximize cash flow with low rates and interest only payment options, and maximize leverage with up to 80% LTV.
  • Non-recourse / Assumable
  • Up to 30 year fixed interest rates
  • Up to 80% LTV purchase and refinance
  • Cash out refinance up to 75% LTV
Quick Quote Apply Now

Banc Series Bank Balance Sheet Apartment Loans

The Banc Series Apartment Loan program is a dynamic mix of bank, investment bank and credit union 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 profile -- providing you with most competitive and dynamic apartment financing options available to meet your individual goals and objectives. Apartment loan refinance and purchase programs available.
  • 5+ unit multifamily properties
  • 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

HUD FHA Multifamily and Apartment Building Loans

Crefcoa originates 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 87%
  • Non-recourse / assumable
  • No population or geographic restrictions
  • Market rate or affordable
  • Construction or permanent financing
Quick Quote Apply Now

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

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 several program options with partial and full fixed term interest only options.
  • 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.

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.
  • $3 million minimum
  • Strong experienced sponsorship req.
  • Up to 80% loan-to-cost
  • Floating rate over LIBOR

Apartment loan refinance and purchase 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.

Freddie Mac and Freddie Mac Multifamily are registered trademarks of Freddie Mac. Fannie Mae and Fannie Mae DUS are registered trademarks of Fannie Mae.