The browser version you are using is not recommended for this site.
Please consider upgrading to the latest version of your browser by clicking one of the following links.

CommLoan Secures a Fixed 5 Year 4.25% Bank Loan For Apartment Complex in Houston, Texas

Multifamily property loan funded in Houston Texas


Multi Family in Houston, Texas


CommLoan was approached by an investor who had been previously working with another broker and lender to obtain a cash-out refinance loan at 70% LTV. The lender ended up only wanting to originate a rate and term refinance at 65% LTV after receiving the appraisal and going through final loan committee. 


CommLoan utilized it’s deep bench of regional banks and credit unions within Texas to procure a 75% LTV cash-out refinance loan at 4.25% fixed for five years on a 30-year amortization schedule. The investor also received a 50% discount on the existing loan’s prepayment penalty as a result of CommLoan and the lender’s ability to market and close the loan by year-end. 

Get a Free Commercial Real Estate Loan Quote

Fill out the form below for expert assistance from our team of Loan Consultants.