Apartment Complex Loans

[Isaiah Elysee]

On an apartment complex what type of loans are buyers able to use? And what are the percentages down for each?

I know there are commercial loans, but what others are available?

[Theo Hicks]

To most common loans are agency (75% to 80% LTV Freddie/Fannie 5 to 12 year terms) and bridge type loans (75% to 80% LTC rehabs included, 3+1+1). You likely won't find a commercial loan under 85% LTV/LTC. Also, you'll need to meet liquidity, net worth, and experience requirements to qualify. Your best bet is to find a mortgage broker in your market and talk through their loan programs.