Thursday, October 16, 2014

Apartment Loan Rates drop like a rock on Fear of EU reccession and Flight to quality from Stocks FHA 223f 3.70% 35 years

Apartment Loans from $500.000 Chicago nationally



Interests Rates made a huge one day reversal yesterday cutting over one half of one percent in long term treasury rates 


FHA 223F purchase and refinance loans have a 35 year term are non recourse and loan to value is 83%

Interest Rates now hit new lows for 2014 and expectations of the FED raising rates are disappearing

The move in bonds was driven by continued weakness in Europe and the realization that USA Hospitals administrators are not the least bit prepared to handle Ebola 

FNMA 10 year loan rates also dropped to the low 4% range depending on loan to value.


Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Thursday, June 26, 2014

NY AG Sues Barclays over Dark Pools illegally giving client Identity - trading activities Apartment Loan rates go down



Commercial Loan Wizard

"The behavior described in this complaint would put a bank's financial interest in marketing its dark pool and profiting by providing access to predatory high-speed traders ahead of the interests of investors," Senator Carl Levin, the Michigan Democrat who leads the Permanent Subcommittee on Investigations, said in a statement. "Action is needed to end conflicts of interest in the U.S. stock market.",

Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Thursday, June 19, 2014

Small and Large Apartment Loans FNMA FHA 223(f) and conventional financing fixed rate low fee


Fixed Rate non-recourse small apartment loan program.

Loan Amounts: $750,000-$5,000,000 DUS no maximum loan amount
Baltimore, Boston, Chicago, Los Angeles, New York City, San Diego,San Francisco, San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30 year amortization terms

Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value or Costs: 80%
Minimum Debt Service Coverage Ratio: 1.25x
Low upfront costs, Low loan fees

Thursday, May 15, 2014

Double good News for owners and buyers A Major Lift for Fannie and Freddie and apartment interest rates fall sharply



Apartment loan Interest rates fall sharply this week
and the FHFA leader tries to calm housing and multifamily markets A Major Lift for Fannie and Freddie “Our overriding objective is to ensure that there is broad liquidity in the housing finance market and to do so in a way that is safe and sound,” Melvin L. Watt, the new head of the Federal Housing Finance Agency, said in a speech at the Brookings Institution in Washington.

Commercial Loan Wizard

Chicago-area commercial properties jumped in the first quarter to their highest level since 2008, fueled by rebounding rents and occupancies and a pickup in lending.

Investors plunked down more than $3 billion to acquire 192 apartment properties, retail centers, industrial buildings and hotels in the first quarter, up 59 percent from $1.9 billion in year-earlier period, according to New York-based research firm Real Capital Analytics Inc. It was the best first-quarter showing since the first three months of 2008, at the tail end of the last boom, when investors bought $3.9 billion in commercial real estate here.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Friday, March 14, 2014

Kendall provides Long term fixed Rate Affordable Senior Housing Refinance in California and a market rate rental in Arizona

The property provides 46 units of affordable housing for seniors in a small rural town in California. The seniors rents are supplemented by Housing Assistance Payments from HUD.

The borrower fixed the rate for 16 years and paid off a balloon loan due on the property.

Arizona $2,000,000 market rate rental apartment purchase loan provided by Kendall Realty



Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F, FNMA DUS, FNMA Small Apartment Loan rates news RATES

Large and Small Apartment Loans Chicago, IL

Large and Small Apartment Loans Chicago, IL
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