| Lenders usually offer four programs
for financing apartments. These include refinance, rehabilitation,
construction, and acquistion. The minium loan amounts are usually
in the $1-2 million range with maximum up to $100-200 million.
Commercial property types of this sort fall into three categories:
-High-rise Apartment
-Garden Apartment
-Mid-rise Apartment
Loan-to-value percentage rates on refinance and construction are
usally in the 85%-90% range.
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