
Apartment Loans and Multifamily Mortgages in Pennsylvania
Commercial Loan Direct (“CLD”) provides apartment loans in Pennsylvania. CLD originates multifamily mortgages for its parent company CLD Financial. CLD offers aggressive pricing, professionalism, and quick execution on apartment loans. CLD is a correspondent lender, allowing us to provide commercial mortgages at wholesale pricing rather than retail pricing that most banks provide. Our firm is currently offering the following financial products for apartment mortgages: Conventional, FHA, Freddie Mac, Fannie Mae, Conduit, Conventional, and hedge funds. CLD is an apartment mortgage banker providing highly customized solutions in Pennsylvania to help meet the investment needs of its clients. Our company also provides commercial loans in Pennsylvania.
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 |
Pennsylvania Cities
In addition to traditional multifamily mortgages CLD provides financing for: