Apartment and Multifamily Loans at Low Rates
Our Parent Company.
Apartment Loan Direct is a business division of Commercial Loan Direct. a leading national commercial mortgage banker specializing in commercial loans and apartment mortgages.
We offer a wide variety of lending options for apartment mortgages.
By definition an Apartment building is a building with multiple apartments. An apartment building can be owned by one party and each of the apartments rented to tenants or each of the apartments can be owned as a condominium by separate parties. Apartment Loan Direct specializes in apartment lending solutions for multifamily buildings with 5 or more units.
Our Loan Programs
No upfront costs or obligations
Fannie Mae
Min Loan Amount
$750K
Max LTV
80%
Term Length
3-30 years
Amortization
15-30 years
Freddie Mac
Min Loan Amount
$1MM
Max LTV
80%
Term Length
5-30 years
Amortization
30 years
FHA / HUD
Min Loan Amount
$3MM
Max LTV
83.3%
Term Length
30-40 years
Amortization
30-40 years
Conventional
Min Loan Amount
$1MM
Max LTV
75-85%
Term Length
3-15 years
Amortization
10-30 years
Insurance
Min Loan Amount
$1MM
Max LTV
75%
Term Length
5-30 years
Amortization
10-30 years
Construction
Min Loan Amount
$3MM
Max LTV
80%
Term Length
1-3 years
Amortization
Interest Only
No upfront costs or obligations.
ApplyOur Customers
"[My loan specialist’s] knowledge about the various loan products and negotiating a good deal... is exceptional."