All About Apartment Financing

Feb. 2, 2009 - PRLog -- Have questions regarding apartment financing in this credit crisis?  What does it take to close an apartment loan?  What are the common loan terms, rates and restrictions?  CFA has created a new website devoted to apartment financing in an effort to help investors get answers to these questions.  

“We go deep into apartment financing and give a lot more information about the process and underwritten guidelines than any other website we’ve seen on the topic.  Borrowers want to know what is still funding and ways to increase their chances of getting the best loan available for their apartment transactions.”  Comments Jeff Rauth, President of Commercial Finance Advisors.  

Link to the apartment financing website:  http://www.apartment-loan.biz

In terms of the general state of the commercial mortgage industry, apartment financing is one of the most viable, as it is often back by the government via Freddie Mac and Fannie Mae.  Many sources of conventional financing for apartment loans have dried up as the funding banks either don’t meet the reserve requirements established by the Federal Reserve, or they just don’t want to stick there neck out, until the economy return.  The government, in short creates the needed liquidity in the market.  

More info on Freddie Mac apartment loan here:  http://www.apartment-loan.biz/fannie-mae-apartment.html

Investors should now learn what is viable from a finance position, than find properties that fit those guidelines.  This is backwards to what most investors are use to, as the normally find a property they like, than try to figure out how to finance it.  In this market, that can be a big waste of time as you can waste months working on investment deals that will not close.  

Apartment financing is still viable, however only in certain segments.  Investors need to understand what is going on.  

http://www.cfa-commercial.com

http://www.commercial-second-mortgage.com

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We are a commercial mortgage broker that works with both businesses and investors on transactions from $400,000 - $5,000,000, nationwide.