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First Midwest Bank’s Commercial Real Estate Group has recently developed a Multifamily and Mixed-Use Properties Loan Program. We look for fully stabilized apartment properties that are 5 units or greater. We also look for properties with a residential & commercial mix that have at least 3 units and more than 50% of the income comes from apartments. We are able to offer our borrowers competitive rates, up to 80% loan-to-value on acquisitions, up to 10-year terms, and 30-year amortizations for apartment buildings.
If you would like a current Rate Sheet or more information on our program, please feel free to contact one of our officers:
Bob Froio Senior Vice President 847-870-2503 firstname.lastname@example.org Tom Boeckenhauer Vice President 847-870-2504 email@example.com Joe Majer Commercial Banking Officer 847-870-2524 firstname.lastname@example.org
Community Investment Corporation (CIC) is a not-for-profit mortgage lender that provides financing to buy and rehab multifamily apartment buildings with five units or more in the six-county metropolitan Chicago area. Visit CIC Web Site We also provide workshops for owners and managers of apartment buildings.
Allied Home Mortgage Capital Corporation - We are the nations largest privately held Mortgage Banker/Broker with over 700 office nationwide and the ability to lend in every state. We are also the preferred lender for the Carlton Sheets program. Contact Bill Zeng Senior Loan Officer at Allied Home Mortgage or (847) 867-7364