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. Our many years of experience have proven invaluable in finding an apartment complex for sale by owner.
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.
Our special report for income property buyers will show you how to buy apartment buildings that will give you the greatest return.
APARTMENT BUILDING FINANCING REQUIREMENTS IF THE LOAN AMOUNT IS FROM
$800,000 TO $2,000,000+
Second position seller take back allowed often up to 20% which allows for a smaller buyer down payment.
If you buy them right, owning an apartment building can be a wonderful investment.
Buyer's down payment can be as low as 10% with a 2nd lien seller takeback.
Call for special quotes on large loans up to $10,000,000 or more.
Prepayment penalty varies with individual loan.
- Extremely competitive interest rate.
- Term: 5 and 10 year fixed.
- Many adjustable rate programs are available.
- Amortization usually 25 years.
APARTMENT BUILDING FINANCING REQUIREMENTS - Loan amounts from (see minimum amount at the bottom of this page.
- Competitive interest rate.
- Term: variable to 25 year fixed.
- Buyer's down payment can be as low as 10% with a 2nd lien seller takeback.
- 600+ FICO credit rating usually required
- Second position seller take back allowed often up to 20% which allows for a
smaller buyer down payment.
- Prepayment penalty varies with individual loan.
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)
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
Most banks and other conventional lending sources all over the country often turn down small amount,
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. Barclay Associates will locate the needed funds when you are buying an apartment complex.
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.
If you need to finance multifamily buildings for sale call us at Barclay Associates for the needed funds.