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Apartment Loans & Multifamily Loans: Small-Balance

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ALB Commercial Capital was established to serve as your team member. Whether you are a mortgage broker, realtor, investor, lender, or other service provider, ALB Commercial Capital is your premier nationwide source for apartment loans and multifamily loans.

We offer a competitive advantage with our competitive mortgage rates & pricing, flexible terms, customized solutions, streamlined origination and processing, and quick closing capabilities. Our financial services provide you with up-to-date commercial mortgage news and leading loan programs to ensure that you get the mortgage rates you want.

Let us guide you toward the apartment building financing and multifamily loans best suited for your needs.

Whether you are a first time investor new to apartment loans or a long-time investor experienced with multifamily loans, ALB Commercial Capital has the knowledge and expertise to guide you to the Small Balance Apartment Loans that fit your needs.

ALB Commercial Capital is here to ensure that the Small Balance Apartment Loans you need are within easy reach.

With guidance from ALB Commercial Capital, apartment financing for multifamily housing is easy to navigate. Our expertise with various multifamily loans including Freddie Mac multifamily loans, Fannie Mae multifamily loans, and FHA multifamily loans will keep your multifamily investment working for you.

Real estate investments require expert advice and direction. ALB Commercial Capital has the experts who will find you the best mortgage rates today so that you can move closer to a return on your multifamily investment. Let our years of experience working with multifamily mortgage lenders guide toward the future you deserve.

Our Small Balance Apartment Loan programs range in size from $500,000 to $5,000,000 with specific requirements and pricing based on your investment objectives. The information below is an overview of our Small Balance Multifamily Loan program features and benefits.

To have your apartment building loans pre-qualified or to find out more about our apartment building financing services, please contact our office to speak with one of our experienced apartment financing advisors. Let us customize a multifamily mortgage to fit your unique needs.

    • Multifamily 5+ units
    • Garden style, Two Story, Three Story, Bungalows, Townhouse style, or condo Conversions
    • Existing and newly constructed
    • Apartments of all grades (A, B, C, D)
    • Mixed-Use Commercial/Residential Acceptable to 25% Commercial Use
    • Mobile Home Parks Eligible for Apartment Loan Program with 15+ Pads
    • Purchase
    • Refinance
    • Refinance with Cash Out
    • Commercial Equity Lines
    • Short Term Bridge
    • Construction on a "Case by Case Basis"
    • Adjustable 3, 5, 7, 10, 15 Fixed-rate terms
    • 15 and 30 year Amortizations
    • Market Indices Vary: 11th District Cost of Funds, 12 MAT, LIBOR, 1-year CMT, CODI, COSI, Prime, Corresponding Treasury Values
    • Prepayment Penalty: options available, including none
    • Loan-to-Value: up to 80% (85% CLTV available. Call for details.)
    • 10% Seller 2nd allowed on case-by-case basis
    • No Lender Points
    • No Replacement reserves
    • Monthly/Annual Leases Acceptable
    • Substitute Leases with Bank Statements
    • No Balloon or Call Provisions
    • Interest Only Options
    • Minimum DSCR of 1:15:1
    • Standard 1% fee at Closing
    • No Outside Legal Fees
    • 60 Day Rate lock available with a 1% refundable fee
    • Limited impound requirements
    • Assumable at lender discretion
    • Up to 3% seller Concession allowed on Purchases
    • Nationwide Coverage

    Property management experience is generally required for properties with 12 or more units, or property management letter and resume may be substituted.

    Competitive closing costs for apartment loans to $5 million. Costs include standard third party reports including inspection, appraisal, engineering, environmental, lender fees, document fees, and in-house legal.

  • Multifamily Rate Sheet
    Download our Apartment Loans Rate Sheet

    Multifamily Borrower Guide
    Download our Apartment Loans Borrower's Guide

Programs parameters subject to change without notice. Please contact ALB Commercial Capital Corporate Office for an apartment financing program tailored to your needs and your -multifamily investment strategy.

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