Commercial builders who are looking for a loan for an apartment building with five or more units can utilize the easy loan process provided by Apartment Bank. To expedite the loan process and to allow a quick closing process on apartment complexes that may even be used for up to 20% commercial use. The fixed loan process provided by Apartment Bank makes it easy to apply for a loan, borrow the money needed, and receive the correct documentation required.
For a fixed short term or long term loan commercial builders need peace of mind to know that the money they are borrowing comes from a bank that offer low rates, without a lack in service or flexibility as far as the customer’s needs are concerned. Apartment bank offers apartment loans ranging from $250,000 to $10 million. All loans are given on layered risk-based pricing to ensure that all applicants receive the lowest rates available, and the rates are fixed rates with low closing costs. Apartment Bank is highly qualified for providing a loan process that reduces the required documentation for the loan as well as streamlining third party reports. The loan term periods are flexible depending on the need, and secondary financing is available to borrowers.
Approval for an Apartment loan
is contingent only upon the historical performance of the property and the credit management history of the commercial builder seeking a loan. Apartment Bank helps borrowers save time and money and with great cost savings from competitive fixed rate loans.