Principle Commercial specializes in creative financing options for all types of multi-family housing properties. Terms of 5 to 30 years and up to 80% LTV (loan-to-value) are available for most borrowers.
Our multifamily housing loans are non-recourse, meaning that the key principles sign all of the loan documentation for the borrowing entity but do not personally guarantee the loan.
These loans also provide the flexibility and limited liability of full assumability. This means that after selling the property the previous borrowers no longer assume any responsibility for the loan.
Financing options are available for a wide range of multi-family and apartment complex properties including:
- Apartment Buildings or Complexes (5 or more units)
- Multi-Family Housing (5 or more units)
Principle Commercial offers a variety of
commercial loan programs for apartment complex and multi-family properties.
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