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Banc Series Apartment Loans

Performance you demand. Flexibility you desire.

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Apartment Loan Rates
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Why Choose Crefcoa
Why Choose
Crefcoa has the knowledge, expertise and strategic relationships required to provide you with the most competitive rates and terms for your commercial or multifamily property.
  • Multiple program options
  • Competitive rates and terms
  • Knowledge and expertise
  • Certainty of execution
  • Convenient electronic loan process
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Provide some basic information about the property and apartment financing you’re seeking and we will provide a no cost no obligation quote.
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Banc Series Apartment Loans Program Overview

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 and mobile home parks. Developed over the past 15 years through partnerships with the most competitive and aggressive banks in the country, the Banc Series product line provides custom apartment financing options based on property location, property characteristics, and your individual needs and objectives.
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Banc Series Nationwide Apartment Loan Program

Available nationwide in most primary and secondary markets, the Banc Series Nationwide program provides competitive, low cost financing for 5+ unit multifamily properties, residential/commercial mixed-use properties with less than 25% of revenue generated from commercial use, and mobile home park communities.
  • Apartment loans from $500,000
  • Up to 30-year amortization
  • 3, 5, 7 and 10-year fixed rate terms
  • No yield maintenance or defeasance
  • No balloons or call provisions
  • Step down prepays
  • No replacement reserves
  • Up to 75% LTV
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Banc Series West Coast Apartment Loan Program

Customized financing available for the core markets of California, Oregon and Washington for both apartment buildings and mobile home parks. The Banc Series West Coast program provides low fixed rates, limited prepayment penalties and "deal making" underwriting.
  • Loans from $1,000,000 - $10,000,000
  • 1.20 minimum DSCR
  • Up to 75% LTV
  • No or limited seismic reports
  • 90 day rate locks (lock at LOI)
  • Lower rates for lower leveraged loans
  • Fixed rates up to 15-years with no balloons
  • Low capped closing costs
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Banc Series California Apartment Loan Program

California is one of the largest and most diverse markets for multifamily housing. Multifamily properties located in California require more than just a "one size fits all" approach to financing. The Banc Series California Apartment Loan program provides the most competitive rates and terms and greater flexibility in underwriting guidelines to help maximize your investment in California multifamily housing.
  • Apartment loan from $1,000,000 - $7,000,000
  • Maximize leverage with 1.15 DSCR
  • Interest only options
  • Up to 75% LTV
  • Flexible prepay - pay up to 20% per year without a prepay penalty
  • 30-year fully amortized loan terms
  • Reduced seismic requirements
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Banc Series Select Apartment Loan Program

The Banc Series Select program offers borrowers flexibility in program terms and underwriting guidelines, while offering highly competitive fixed and floating rate terms. A streamlined underwriting process provides a fast and accurate pre-application process with closings in under 45 days.
  • Apartment loan from $750,000 - $10,000,000
  • 3, 5, 7, and 10-year fixed rate terms
  • Multiple prepay options
  • 30-year self amortizing terms
  • Program available in CA, OR, WA, ID, AZ, NM, UT, CO, MT and NV
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Banc Series Major Markets Apartment Loan Program

For average or better quality multifamily properties located in major markets, the Banc Series Major Markets program provides qualified properties and sponsors with highly competitive and rates and aggressive terms. Rates are competitive with secondary market products without some of the downsides (defeasance or yield maintenance prepays, replacement reserves, rate lock at commitment).
  • $750,000 minimum loan size with no maximum
  • 3, 5, 7, and 10-year fixed rate terms
  • Minimum 1.15 DSCR
  • Interest only options
  • Recourse and non-recourse options
  • No impounds or replacement reserves
  • Personal / business tax returns not required
  • Program available in most major MSAs
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Which Program Is Best For You

Which Program is BestWhich one of our apartment loan programs is best for you? It depends on what you are looking for in a loan (e.g. interest rate, amortization, prepay, cost). It also depends on the property (e.g. location, age, condition, debt service) and sponsor (e.g. credit score, financial strength, experience) characteristics. By providing some basic information about yourself, your property and what you are looking for in an apartment loan, we can help you decide which one of our programs is best for you.
Let us help you decide by providing the following information:
  • 2 years and YTD income and expense statement (P&L) for the subject property
  • Current rent roll for subject property
  • Interior and exterior photos
  • Personal financial statement
  • Schedule of real estate owned
  • Brief narrative highlighting multifamily ownership experience
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Apartment loans may not be available in all locations. Eligible property types, loan programs and program guidelines (including, without limit, minimum loan size, LTV, rates and terms) are subject to change without notice and may vary depending on property location, economic conditions, exposure, and other variables that may negatively influence risk. Information provided is not an offer to make a loan and should be used for informational purposes only.
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