The rates listed below are to be used as a reference guide for the apartment industry since this information is updated weekly on our website. Rates are subject to change without notice and can change measurably on a daily basis. Rates quoted are based on a $2,000,000 multifamily mortgage loan. Loans are assumed fixed for 10 years (unless otherwise noted) with a 25-30 year amortization. HUD loan rates shown are based on a 35 to 40 year term and do not include the annual mortgage insurance premium. Interest rates quoted are based on the specific loan terms at the time of the financing request. A lower LTV will most likely command lower rates.
CONTACT JEFF SHAFER FOR ACTUAL LOAN RATES
BASED ON YOUR NEED!
Cooperative Housing Mortgage Insurance - HUD 213
Lower Income Loan - HUD 236
Urban Renewal Mortgage Insurance - HUD 220
Forward Rate Lock
DUS Plus
Acquisition And Refinance Requirement List
| LIFE
COMPANY |
Today's Rate |
Last Week's Rate |
Loan to Value |
| Life Company |
6.250% |
6.250% |
(@80% LTV) |
| CONDUIT |
Today's Rate |
Last Week's Rate |
Loan to Value |
| Conduit |
N/A |
N/A |
(@80% LTV) |
| COMMERCIAL
BANK |
Today's Rate |
Last Week's Rate |
Loan to Value |
| 10 Year |
6.440% |
6.520% |
(@80% LTV) |
| 5 Year |
5.900% |
5.980% |
(@80% LTV) |
| 3 Year |
5.520% |
5.630% |
(@80% LTV) |
Take Out Loan
Mezzanine Loan
Moderate Rehab Loan
| 6 MONTH LIBOR |
Today's Rate |
Last Week's Rate |
| 6 Month LIBOR |
3.180% |
3.255% |
|
