Illinois Apartment Loans - Nationwide Commercial Real Estate Lending

Illinois Apartment Loans

Commercial Loan Direct (“CLD”) provides apartment loans in Illinois. CLD originates multifamily mortgages for its parent company CLD Financial. CLD is known for aggressive pricing, professionalism, and quick execution on apartment loans. Our firm is now offering the following financial apartment mortgage products: Conventional, FHA, Fannie Mae, Freddie Mac, Conduit, Conventional, and hedge funds. CLD is an apartment mortgage banker providing highly customized solutions in Illinois to help meet the investment needs of its clients. Our company also provides Illinois Commercial Loans.


Multifamily Mortgages:

Loan Type Min Loan Amount Max LTV Term Length Amortization Learn More Rates
Fannie Mae (FNMA) $750,000 80% 3-30 Years 15-30 Years
Freddie Mac (FHLMC) $1,000,000 80% 5-30 Years 30 Years
FHA / HUD $3,000,000 83.3% 30-40 Years 30-40 Years
Conduit / CMBS $2,000,000 75% 5-10 Years 20-30 Years
Conventional $1,000,000 75-85% 3-15 Years 10-30 Years
Insurance $1,000,000 75% 5-30 Years 10-30 Years
USDA $1,000,000 85% 5-15 Years 15-30 Years
Bridge $3,000,000 90% 12-36 Months Interest-Only
Construction $3,000,000 80% 12-36 Months Interest-Only

Illinois Cities

  • Chicago
  • Rockford
  • Aurora
  • Naperville
  • Peoria
  • Springfield
  • Joliet
  • Elgin
  • Waukegan
  • Cicero
  • Quincy
  • Bradley
  • Dixon
  • Harrisburg
  • Lake County
  • Lincoln
  • Pontiac
  • Marion
  • Rockford
  • Taylorville
  • And More...
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    In addition to traditional multifamily mortgages CLD provides financing for:

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