Multifamily Financing Program
PCF Real Estate Application
FINANCING FOR MULTIFAMILY PROPERTIES & APARTMENTS
Preferred Capital offers a variety of financing solutions for multifamily properties and apartment structures.
Financing up to $50 Million
- CMBS Conduit Loans: Our Commercial Mortgage-Backed Securities loans offer low-interest rates and fixed terms to give property investors big savings.
- HUD & FHA Financing: The loans offer full amortization, non-recourse financing, and low-interest rates for renovations and construction on multifamily properties.
Financing up to $100 Million
- Conventional Loans: We provide conventional loans for stabilized multifamily properties.
- Bridge Loans: Our real estate bridge loans and hard money loans offer interest-only amortization and up to 80% LTV to keep projects on track.
- Mezzanine Loans: Mezzanine loans start at $5 million for high net worth investments.
- Construction Loans: If you are building a new multifamily property, we offer construction loans starting at $5 million and going as high as $100 million
Freddie Mac Multifamily Small Balance Loan lender - one of only a handful in the country.
We offer streamlined execution and convenient servicing for apartment loans ranging from $1 million to $7.5 million for acquisition or refinance. These loans provide liquidity, stability, and certainty of execution to the affordable rental housing market nationwide. We offer hybrid ARM or fixed-rate products with partial or full-term interest-only features.
Highlights:
- Freddie Mac small loans have highly competitive rates with maximum proceeds. Loan amounts range from $1 million to 7.5 million.
- Very competitive 5, 7 and 10-year hybrid ARM loan products
- Flexible repayment options (step down prepayments)
- Non-recourse
- Assumable
- Cash-out options are available
- Partial and full-term IO available (full-term requires 1.40x/65%)
- No underwriting floor required for top markets
- Hybrid ARM product with an initial fixed period followed by the floating period over 6-Month LIBOR for the remainder of 20-year with a 30-year amortization