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MULTIFAMILY APARTMENT BUILDINGS LOAN
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Whether the transaction you are contemplating is an acquisition or a refinancing, wherever you may be located in the United States, CL&I can bring you together with the best possible Lender to meet your needs, with loan terms tailored to your specifications, and the lowest possible closing costs. For loan amounts above $2 million, we can give you access to banks, conduits, pension funds, insurance companies and other Lenders capable of delivering the types of long-term, fixed-rate mortgages, in some cases packaged with LIBOR-based lines of credit, that local savings banks simply cannot offer.
CL&I is pleased to announce their multifamily loan products. Whether you are looking to buy or refinance an apartment complex, a condominium, a mobile home park, or mixed commercial/residential properties, CL&I help you find the right multifamily loan to fit your portfolio.
CL&I has a variety of loans available that can facilitate the purchase and sometimes the building process of multifamily housing. Multifamily loan programs have various terms and rates, including fixed and variable to meet your investment needs.
CL&I understands that each multifamily project varies in value, size and need, and that each multifamily loan or refinance is unique, and, CL&I professionals understand the tremendous pressures you often experience in building, acquiring or refinancing your multifamily housing project.
Typically, multifamily loans require a minimum of 5 units and a $500,000 loan commitment or higher. And, other factors may influence your financing such as occupancy rates and rent rolls.
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