Showing posts with label FNMA Small Apartment Loan. Show all posts
Showing posts with label FNMA Small Apartment Loan. Show all posts

Saturday, October 1, 2011

FHA 223 f Under 4% FNMA well under 5% Historic Low Rates!


Apartment loan rates have moved down and now even 10 year loans from $750,000 to $5,000,000 are well under 5% fixed. This is due to the "TWIST" action by the FED and the EU currency crisis with Greece on the verge of certain default.

This programs is for owners of a few properties with good credit. Cash out loans up to 75% Purchase and no cash out loans up to 80%.

Click here for LOAN PROGRAMS Click here for Rates

Tuesday, September 6, 2011

#Apartment #Loan #Rates hit new #lows.

Apartment, lender, FHA 223 f - FNMA commercial mortgages best service/rates Apt.loans JV 30 years in commercial RE Kendall Realty - Apartment Loans http://bit.ly/Wrs4l

The yield on the benchmark ten-year note hit a record intraday low of 1.929% today.
Despite ending the session well off its lowest levels of the day, the ten-year yield still set at a new record closing low of 1.97%. This is the first time it has broken 2% since the 1950's.

Tuesday, August 16, 2011

Commercial Mortgage Closings Apartments Mixed Use

Kendall Realty Advisors close four apartment loans using bank financing.

Kendall arranged a commitment on eight apartment buildings and the first phase closed.

The loans were for apartments and mixed use buildings. One of the buildings contains the office of a US Congressman. The borrower requested a five year fixed rate loan and low prepayments.
Kendall was able to arrange five year fixed rate loans at 5.25% with one property at 0% prepayment and the rest with a half of one percent prepayment.


Monday, July 18, 2011

Apartment Loan Rates Remain Low as Debt Ceiling Debate Continues

Apartment Loan Rates FHA 223(f) near 4% Fixed 35 year loan
FNMA DUS Ten Year Loans in Low 5% plus range


Small Apartment Loans 10 year fixed around 5.50%

As the deadline gets closer on the debt ceiling
Gold has hit a record high above $1,600 an oz.
I trust that they will all get their act together this
Week.

Monday, June 13, 2011

Apartment Lender - Rates Loan Commitments

Apartment Loan rates rising about 10 to 15 basis points as spreads widen for FNMA and Freddie Mac mainly on ten year loans.  Kendall arranges loan approvals on 5 apartments in Chicago, IL from banks. Rates in low 5% range.


Apartment Loans

Apartment Loan Rates

Friday, June 3, 2011

Commercial Mortgage Rates are OBSCENELY LOW

Interest Rates have fallen below 3% for ten year treasuries leading to near the lowest apartment loan interest rates in history. You can lock in FHA 223 f loans for 35 years in the low 4% range.
 #FHA #Fannie Mae DUS#FreddieMac: http://t.co/eYzcVNS
FNMA Freddie Mac near historic lows on rates

Friday, April 1, 2011

Chicago Commercial Mortgage Apartment Rates April 1, 2011

Agency Multifamily Loan Rates 10 yr 5.80% - 7 yr 5.50%
Small Apartment Loan Chicago 5.95
FHA 223 (f) 5% $3 M and up 35 yrs

Banks 5-6% 5 years

Friday, February 18, 2011

Apartment Commercial Mortgage Rates 4-18

We have several bank lending programs available for Chicago, WI, MN and IN. rates start in the low 5% for 5 years.

FNMA DUS rates back up to about 5.85% for ten years The small apartment loan runs about 6.10% for ten years.

FHA 223(f) holding steady near 5% 35 years $3 million min.

Healthcare Assisted Living Nursing Home

FHA 232 223(f) just over 5% for 35 years.

FHA 242 Hospital Refinance 5.85% 25 years

Wednesday, February 16, 2011

Commercial Mortgage Apartment Assisted Living Nursing Home 2-16-11

Apartment Loan rates are approximately the following for FNMA
and FHA 223(f):


Ten year FNMA Large Apartment Loan 5.90% to 6.00%


Seven year FNMA Large Apartment Loan 5.60% - 5.70%


For loans with 9.5 and 6.5 yrs. yld main. 75% - 80% LTV - 1.25 Min DSC $3 Million or greater
Loans with shorter yld. main. have a higher rate. Loans with lower LTV and higher DSC have a lower rate.


FNMA small loans are running between 6.15% and 6.25% for ten years min. loan size $750,000 and 6 units min.


FHA 223(f) apartment loan rates are just below 5% for 35 years.


It may be more work but it can save you in the long run. Min loan size typically $3 Million.


DSC 1.25 Max LTV 83.3% Cash Out Limit 75% LTV

FHA 232 LEAN - FHA 232/223(f) rates just over 5% due to slightly higher MIP (mortgage insurance premium) Processing time still very long, equity requirement much higher than the past, New construction deals are having the most trouble getting approved.  I get calls from many principals that would love to find an alternative construction loan for very good deals.  In other words construction lenders call me.


In other news the long slow wind down or "enhanced interrogation" of FNMA and Freddie Mac was proposed by the White Papers. The private lenders ( Maybe countrywide-II) would get to run the show again. Good news for apartment owners since down payments would likely go up and prices for homes likely down.

Thursday, August 12, 2010

Commercial Apartment Loan Rates

FNMA DUS Apartment Loan  10yr / 9.5 -  4.73%  - 7yr / 6.5yr yield main. 4.51% - (8/12/10)
FHA 223 F 4.50% 35years FNMA Small Apartment Loan about 5%.

Non Recourse seven and ten year balloon loans
FHA 223(f) thirty fives year fixed rate loans should have broken 4% plus MIP
$5,000,000 and up

FNMA Small Apartment Loans less than $5 million starting at $750,000 Chicago FNMA Selected Cities

Scott Kendall (847) 903 7578 kendallrealty@gmail.com
Chuck Kendall (773 259-7074 kendallrealtyadv@gmail.com

Tuesday, August 10, 2010

Apartment Loan Rates FNMA DUS - FHA 223 F - FNMA Small Apartment

Apartment Lender Rates FNMA DUS Apartment Loan 4.88% 10yr / 9.5 - 4.70% 7yr / 6.5% FHA 223 F 4.50% 35years FNMA Small Apartment Loan a little above 5%.

Non Recourse seven and ten year balloon loans
FHA 223(f) thirty fives year fixed rate loans
$5,000,000 and up

FNMA Small Apartment Loans less than $5 milling to $750,000 Chicago FNMA Selected Cities
Apartment Loans

Scott Kendall (847) 903 7578 kendallrealty@gmail.com
Chuck Kendall (773 259-7074 kendallrealtyadv@gmail.com

Sunday, August 1, 2010

FNMA Small Apartment Loan Closes Evanston, IL

Kendall Realty Advisors LLC closes FNMA small apartment loan Evanston, IL
Loan amount $750,000 plus, term 10 years, rate under 5.60% Non-Recourse
Only $4,500 application fee includes appraisal, engineering and legal for deals exceeding $750,000.
Closings within two to three months of loan application sizing.
Rates set two weeks prior to closing
    follow me on Twitter

    Commercial Mortgage Loan Headlines