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Apartment building financing is a Barclay Associates specialty. We have creative lenders who can structure a loan for that apartment building you want to buy, refinance or rehabilitate. Many conventional banks have been turning down borrowers looking for apartment building financing.
Informative and detailed information of great value to income property buyers
can be seen at
Income Property Buyers Tips This new section includes a
Special Report which explains how to
calculate the true value of an
income property. A continually expanding “FAQ”
(Question and Answer) page is also included. We invite you to visit this area of our web site.
APARTMENT BUILDING FINANCING REQUIREMENTS IF THE LOAN AMOUNT IS FROM
$800,000 TO $2,000,000+
- Extremely competitive interest rate.
- Term: 6 month fixed to 20 and 30 fixed.
- Many adjustable rate programs are available.
- Amortization up to 30 years.
Second position seller take back allowed up to 20% which allows for a smaller
buyer down payment.
Call for special quotes on loans up to $10,000,000 or more.
Prepayment penalty varies with individual loan.
APARTMENT BUILDING FINANCING REQUIREMENTS - Loan amounts from (see minimum amount at the bottom of this page) to $800,000 WITH GOOD
CREDIT.
- Extremely competitive interest rate.
- Term: variable to 20 and 30 year fixed.
- Amortization up to 30 years.
- Loan to Value (LTV) as high as 90%
- Good FICO credit rating required
- Second position seller take back allowed up to 20% which allows for a
smaller buyer down payment.
- Call for special quotes on loans up to $10,000,000 or more.
- Many loans are assumable with lender approval
- Prepayment penalty varies with individual loan.
NEW STATED INCOME SMALL LOAN PROGRAM
for apartment buildings with buyer or owner sub-par credit rating.
Loan amounts from (see minimum amount at the bottom of this page)
up to
$800,000.
Barclay Associates has a STATED INCOME (Low doc) small loan program with
mortgage loans starting as low as (see minimum amount at the bottom of this page). Use this special small loan program for the
purchase, refinance or cash out of apartment buildings. Credit can be as low as
575 FICO middle score. Competitive rates and terms with fast loan
commitment
and closing.Most banks and other conventional lending sources all over the country often turn down small amount,
sub-par credit
loan requests for apartment building financing. Many times the
property is sound and well-occupied. Conventional lenders just don't want to handle a small loan. Barclay Associates will work with you to close that small apartment building financing that others will not handle.
CLICK HERE==>
for complete information on this exciting small loan program for apartment buildings.
Some Highlights of the Small Loan Program:
- Loan type: Fixed and adjustable loan types available.
- Loan term: Up to 20 or 30 years.
- Loan-to-Value ratio (LTV): apartment building financing - Up to 90 % LTV.
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