Apartment Building Real Estate Property Loans
Apartment Mortgage Finance Lending for New Purchase and Property Owned
Greatland Financial lends on apartment building real estate mortgage loans as property with a value of 1.5 million or less. We can finance up to ten units.
Typical candidates are borrowers with equity in apartment buildings but who cannot easily qualify because of poor credit, high debt-to-income ratios or borrowers who need money fast. Clients often seek private or hard money loans in the form of a mortgage when they need cash quickly, and cannot wait or qualify for a typical bank real estate loan.
Typical Apartment Building Property Borrowers
- Individuals
- Trusts
- Corporations
- Combine Multiple
- Combine Multiple Borrowers or Multiple Entities in a Single Transaction
- Partnerships
- LLC's
Flexible Apartment Building Real Estate Loan Terms
- Fixed
- Adjustable Rate Mortgages
- Interest Only
- Stated Programs
- Cross Collateralization Options Available