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Apartment Loans, Apartment Complex Loans, Financing for Apartments, Atlanta, GA, Phoenix, AZ

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Mortgage and Lending with Dividend America Commercial Lending

The recent economic situation made it difficult to find Apartment Loans, however, financing for apartments has become easier in recent months.  Apartment complex loans are available for a variety of property types from small apartment buildings to large apartment complexes located in Atlanta, GA, Phoenix, AZ or any other city in the entire USA.

Real estate investors and institutional investors seeking financing for apartments and financing for mulitfamily complexes will find it easier today to qualify for apartment loans.  While loan to values on apartment complex financing from Atlanta, GA to Phoenix, AZ and in many other major cities are still low, many apartment loan underwriting criteria are starting to loosen.

Typical loans for apartments, also known as apartment loans, have loan to values of around 65%.  But, these loan to values can change depending on the type of apartment financing that is being applied for.  For instance, Apartment Loans for development of apartment complexes may have higher loan to values but the apartment complex loan is actually based on the loan to cost.

In some cases loans for apartments can have higher loan to values.  In cases where the apartment complex is established and cash flowing an apartment refinance loan can have a higher loan to value.  Slightly higher loan to values can also be achieved when buyers with strong financial use an Apartment Complex Purchase Loan also known as Apartment Purchase Financing.

All apartment loans are considered commercial loans or commercial mortgages.  Commercial mortgages for apartments allow for the purchase of apartments and all the equipment in the buildings and on the site.  So while commercial mortgages for apartments can confuse people because of the word mortgage, they are actual commercial loans similar to other commercial business loans they are just secured by the apartment complex.

Those people and companies interested in obtaining a commercial apartment mortgage or apartment loan of any type of multifamily financing can contact the professionals at Dividend America.  Dividend America has operations in Atlanta, GA and Phoenix, AZ and assist apartment investors and those seeking to purchase loans for apartments, refinance loans for apartments or other types of apartment financing all over the country.

Applying for an apartment loan is easy with the Dividend America easy online application.  Or just call Mike Gross, President, Dividend America | Commercial Lending at 404-819-4511 or email mgross@dividendamerica.com

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