Apartment Complex Lenders In Boston Massachusetts No Upfront Fees

Nov. 30, 2011 - PRLog -- Apartment Complex Lenders In Boston Massachusetts No Upfront Fees

The Boston Massachusetts apartment building loans prove to be the most competitive type of loans in the commercial mortgage market.  Winston Rowe & Associates has apartment building, student housing and senior housing financing solutions for the purchase and refinance in the Boston Massachusetts market with no upfront or advance fees for processing your loan request.

Call Winston Rowe & Associates directly, if you are having trouble getting your loan closed or if you have a unique situation at; 248-246-2243 or visit their web site at http://www.winstonrowe.com

The Winston Rowe & Associates team has the experience necessary to navigate the complex process of medical building finance to ensure that clients get the best apartment building loan for their business situation.

Apartment & Multifamily Commercial Loan Programs:

No upfront or advance fees

Nationwide

Loan amounts start at $2,000,000 With no limit

Maximum loan to value: Apartment buildings are most frequently financed at 80% of value or cost

For long term fixed rate loans a small "mezzanine" piece can be added to the loan to yield an 85% LTV

Debt service coverage: The cash flow from operations must be at least 1.20 times the apartment mortgage loan payment

Term: 5, 7, 10, 15, 20 year terms are most common

Amortization: 25 or 30 years if apartment building is in good repair

Occupancy requirements: Most require 90% apartment building occupancy for 90 days in order to qualify for a permanent or conforming loan

Recourse: Apartment building loans may or may not require recourse

As commercial financing professionals Winston Rowe & Associates provides customized apartment building, student housing and senior housing loan solutions for all types of investors.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates provides commercial loans for all of the main metropolitan cities in Massachusetts, including: Boston, Worcester, Springfield, Lowell, Cambridge, Brockton, New Bedford, Fall River, Quincy, Lynn, Newton, Somerville, Lawrence, Framingham, Haverhill, Waltham, Taunton, Medford, Malden, Brookline, Chicopee, Weymouth, Peabody, Barnstable Town, Revere, Methuen, Pittsfield, Attleboro, Leominster, Salem, Arlington, Westfield, Fitchburg, Holyoke, Beverly, Marlborough, Woburn, Everett, Braintree, Chelmsford, Chelsea, Watertown, Franklin, Gloucester, Randolph, Lexington, Northampton, Agawam, Needham, Norwood, West Springfield, Saugus, Wellesley, Melrose, Milton, Danvers, Milford, Burlington, Wakefield, Dedham, Belmont, Reading, Wilmington, Stoneham, Winchester, Gardner, Marblehead, Somerset, Newburyport, Amherst Center, North Attenborough Center, Winthrop, Easthampton, Longmeadow.

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Winston Rowe & Associates is a nationwide commercial real estate apartment financing firm specializing in large commercial mortgage loans over $2 Million.