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Showing posts with label Apartment Financing. Show all posts
Showing posts with label Apartment Financing. Show all posts

Friday, April 9, 2010



Catalina Mortgage has conventional financing for small apartments.


Small Balance Apartment Loan Program
Loan Amounts from $250,000 to $5,000,000
Amortization/Term 25 to 30 years
Fixed Rates for 5,10 or even 15 years
Current Rates*
5 years - 6.55% to 6.75%
10 years - 7.70% to 7.90%
15 years - 8.00% to 8.25%

After the Fixed Rate period, the loan adjusts over LIBOR for the balance of the Term.
Loans have a 5% declining Prepayment Penalty for the Fixed Period.


Call us if we can help in financing your apartment project.

Cliff DuBois
cdubois@catalinamortgage.com