Commercial Loans & Apartment Mortgages

Commercial Loans Made Simple

Commercial Loan Types

Multifamily properties take a variety of forms including traditional apartments, age-restricted communities or senior housing, student housing, affordable housing (Section 8, Section 202, public housing, or other government-sponsored programs), military housing, cooperatives, and manufactured housing / mobile home parks. The types of programs available for stabilized apartment projects include Agency programs such as Fannie Mae (FNMA), Freddie Mac (FHLMC), HUD / FHA, and USDA in addition to the CMBS / Conduit, Conventional, and Insurance loan products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to develop, reposition, or stabilize multifamily buildings.

Fannie Mae

Min. Loan Amount: $1,000,000


Max LTV: 80%


Term Length (Years): 3 - 30


Amortization (Years): 15 - 30


Details

Rates 4.98% - 5.83%


Quote
Freddie Mac

Min. Loan Amount: $1,000,000


Max LTV: 85%


Term Length (Years): 5 - 30


Amortization (Years): 30 - 30


Details

Rates 5.00% - 7.20%


Quote
FHA / HUD

Min. Loan Amount: $3,000,000


Max LTV: 80%


Term Length (Years): 30 - 40


Amortization (Years): 30 - 40


Details

Rates 5.37% - 11.35%


Quote
CMBS

Min. Loan Amount: $2,000,000


Max LTV: 75%


Term Length (Years): 5 - 30


Amortization (Years): 20 - 30


Details

Rates 5.88% - 7.49%


Quote
Conventional

Min. Loan Amount: $1,000,000


Max LTV: 75%


Term Length (Years): 3 - 30


Amortization (Years): 10 - 30


Details

Rates 5.87% - 10.50%


Quote
Insurance

Min. Loan Amount: $5,000,000


Max LTV: 75%


Term Length (Years): 5 - 30


Amortization (Years): 10 - 30


Details

Rates 5.38% - 7.89%


Quote
USDA

Min. Loan Amount: $1,000,000


Max LTV: 85%


Term Length (Years): 3 - 30


Amortization (Years): 15 - 30


Details

Rates 6.50% - 11.35%


Quote
Construction

Min. Loan Amount: $1,000,000


Max LTV: 80%


Term Length (Years): 3 - 15


Amortization (Years): 15 - 30


Details

Rates 10.00% - 15.00%


Quote
Bridge

Min. Loan Amount: $3,000,000


Max LTV: 80%


Term Length (Years): 1 - 3


Amortization (Years): 15 - 30


Details

Rates 6.50% - 14.50%


Quote
FHA Construction Loans

Min. Loan Amount: $3,000,000


Max LTV: 83%


Term Length (Years): 35 - 40


Amortization (Years): 35 - 40


Details

Rates 10.00% - 15.00%


Quote

Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality (hotel, motel, resort), and mixed use. The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings.

Conventional

Min. Loan Amount: $1,000,000


Max LTV: 75%


Term Length (Years): 3 - 15


Amortization (Years): 15 - 30


Details

Rates 5.87% - 10.50%


Quote
CMBS

Min. Loan Amount: $2,000,000


Max LTV: 75%


Term Length (Years): 5 - 10


Amortization (Years): 20 - 30


Details

Rates 5.88% - 7.49%


Quote
Insurance

Min. Loan Amount: $5,000,000


Max LTV: 75%


Term Length (Years): 5 - 30


Amortization (Years): 15 - 30


Details

Rates 5.38% - 7.89%


Quote
FHA / HUD

Min. Loan Amount: $3,000,000


Max LTV: 83%


Term Length (Years): 30 - 40


Amortization (Years): 30 - 40


Details

Rates 5.37% - 11.35%


Quote
USDA

Min. Loan Amount: $1,000,000


Max LTV: 85%


Term Length (Years): 5 - 15


Amortization (Years): 15 - 30


Details

Rates 6.50% - 11.35%


Quote
Bridge

Min. Loan Amount: $3,000,000


Max LTV: 75%


Term Length (Years): 1 - 3


Amortization (Years): 15 - 30


Details

Rates 6.50% - 14.50%


Quote
Construction

Min. Loan Amount: $3,000,000


Max LTV: 75%


Term Length (Years): 1 - 3


Amortization (Years): 15 - 30


Details

Rates 10.00% - 15.00%


Quote

Owner-Occupied commercial real estate properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of property in which the owner's business occupies at least 50% of the space. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.

Conventional

Min. Loan Amount: $1,000,000


Max LTV: 80%


Term Length (Years): 3 - 15


Amortization (Years): 15 - 30


Details

Rates 5.87% - 10.50%


Quote
SBA

Min. Loan Amount: $1,000,000


Max LTV: 90%


Term Length (Years): 3 - 25


Amortization (Years): 15 - 30


Details

Rates 6.00% - 11.00%


Quote
USDA

Min. Loan Amount: $1,000,000


Max LTV: 85%


Term Length (Years): 5 - 15


Amortization (Years): 15 - 30


Details

Rates 6.50% - 11.35%


Quote
SBA Construction

Min. Loan Amount: $3,000,000


Max LTV: 80%


Term Length (Years): 1 - 3


Amortization (Years): 15 - 30


Details

Rates 10.00% - 15.00%


Quote
Conventional Construction

Min. Loan Amount: $1,000,000


Max LTV: 70%


Term Length (Years): 1 - 3


Amortization (Years): 15 - 30


Details

Rates 10.00% - 15.00%


Quote

What We Do


Commercial Loans & Apartment Loans

Commercial Loan Direct (“CLD”), a business division of CLD Financial, is a national commercial real estate correspondent and mortgage banking firm offering over 200 programs. In order to bring our clients a wide variety of financial products that can be specifically tailored to their needs, CLD partners with various financial institutions and government-sponsored agency lending platforms including: Banks/Institutional Lenders, Life companies, Hedge Funds, Real Estate Investment Trusts (REITs), Private Lenders, Fannie Mae (FNMA), Freddie Mac (FHLMC), Small Business Administration (SBA), United States Department of Agriculture (USDA), and the Federal Housing Authority division of the Department of Housing and Urban Development (FHA / HUD).

17+

Years in Business

$51B+

Loans Processed

200+

Loan Products

Millions of users utilize our online platform to learn about the commercial loan process

What Clients Say About Us

Our Reviews

Unfiltered Reviews
Fernando and Leanne are Amazing

Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever

- Nirav Patel

She Took Care of All My Needs

If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.

- Vincent Arias

Commercial Loan Direct Streamlined the Whole Process

We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them

- Rita Pisarski

Was this page helpful?

Learn About Commercial Loans

Learning Center

More Articles