South Dakota Apartment Mortgages - Multifamily Financing - Nationwide Commercial Real Estate Lending

South Dakota Apartment Loans and Multifamily Mortgages

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

South Dakota Cities

  • Sioux Falls
  • Rapid City
  • Aberdeen
  • Watertown
  • Brookings
  • Mitchell
  • Pierre
  • Yankton
  • Huron
  • And More...
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