Multifamily Lending at Low Rates from Apartment Bank

With real estate pricing and rates near all-time lows, now is the best time to invest in real estate. Apartment Bank, a division of BofI Federal Bank, provides apartment financing for affordable and market-rate rental housing.

Investors seeking multi family loans turn to Apartment Bank for guidance, support and, most importantly, low-rate apartment loans. Apartment Bank has come up with an abbreviated loan process for record quick closings for loans under $5 million. This has proved beneficial to investors who want to complete their project sooner rather than later, and reap the benefits of their investment more quickly.

The six step process for obtaining an apartment loans is quick and painless. Here is a breakdown of the process:

1) Start the conversation with Apartment Bank.
Chat via the web, email, or talk on the phone. Get assigned a loan process manager and discuss goals in order to match up the corresponding loan options.

2) Speak with an expert.
Application is sent using secure, exclusive technology. Make deposit to cover processing costs, including credit report, appraisal, and more. Deposit is later credited against closing costs.

3) Get loan processing started.
Processing is easy for the borrower. Apartment Bank secures the appraisal, title work, taxes, insurance, and getting the current loan paid off (if refinancing).

4) Wrap it up.
Finished paperwork is discussed with the client before closing.

5) Fund your loan.
Closing is scheduled at a convenient location at escrow or title in borrower’s area.

6) The last step.
As an Apartment Bank, a division of BofI Federal Bank, client, you’ll periodically receive rewards and cool perks; included is access to Apartment Bank, a division of BofI Federal Bank, other banking options and programs as a full service bank.

To apply for a quick, affordable apartment commercial loan call (877) 433-4003.