Commercial Lending

Innovative, Effective and Proven Service


Apartment Financing

apartment4.jpgThe financing experts at The Madison Group help clients with apartment lending needs over $1,000,000. We offer a variety of apartment building loan programs nationwide. We have the most competitive rates and terms, and strive to customize terms to fit your investment goals for your multi-unit commercial property.

The Madison Group offers more apartment loan options by utilizing our trusted lending sources including: life insurance companies, CMBS, banks, credit unions, and direct correspondents of HUD, Fannie Mae and Freddie Mac. Commercial apartment loans can be for new purchase, refinancing, or rehab of multi-family dwellings that are at least five units.

Our team works with you to simplify the process of obtaining a loan for apartment buildings. Our loan process saves time and money with reduced document requirements and streamlined third party reports. The loan process allows for quick
closings, often less than 60 days from receipt of application package.

In the last 15 years we have arranged over 100 commercial mortgage loans. Put our apartment financing experts to work for you.

  • Apartment financing nationwide – communities large and small  
  • Purchase, refinance, rehab, construction
  • Recourse and nonrecourse financing for apartment buildings  
  • Cash out available  
  • No or low prepayment options  
  • Apartment loan expert assigned to your transaction  
  • No upfront fees

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Lender Options
Loan Uses
Loan Types



Bank/Credit Union
Construction
Permanent Financing
HUD
Capital Improvements
Bridge
Fannie Mae
Full Rehabilitation
Construction
Freddie Mac
Refinancing
Mezzanine
Life Company
Acquisition
Jr Equity

Apartment Loan Program Information

Loan Limits $1,000,000 minimum.
Property types manufactured home communities, mobile home parks, RV parks, cooperatives, mixed use, student housing, senior housing.
Rates Competitive market pricing; fixed or floating rates.
Terms 5, 7, 10, 15, 20, 25, 30, 35 year terms.
Amortization 25 to 35 year amortization.
Prepayment Several options including no prepayment penalty.
Recourse Nonrecourse loans multifamily available (subject to standard carve outs).
DSC 1.20 DSC minimum.
LTV 75% – 85% LTV/LTC maximum.
Assumable Assumable to a qualified borrower.
Geographic areas Nationwide.

Apartment Closings & News

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Loan Amount: $3,800,000
Rate: 3.99% (Fixed for 5 yrs)
Term: 10/30
Loan type: Purchase
Feature: 1031 Exchange
Loan Amount: $2,200,000
Rate: 4.14% (Fixed for 7 yrs)
Term: 7/30
Loan Type: Refinance
Feature: Fannie Mae
Loan Amount: $5,300,000
Rate: 4% (2 Yrs Interest Only)
Term: 15/15
Loan Type: Purchase & Rehab
Feature: Cash Out
Loan Amount: $3,000,000
Rate: 4.3% (Fixed for 5 yrs)
Term: 5/25
Loan type: Refinance
Feature: No Prepayment Penalty

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Contact Us

The Madison Group

520C North Main Street, #201
Heber City, Utah 84032

Phone: (435) 785-8350

Web: www.madisongroupfunding.com

The Madison Group of Timberlakes, Inc. is a BBB Accredited Mortgage Broker in Heber City, UT yelp icon

Free Loan Consultation