ApartmentLenders.com a division of Meridian Mortgage, Inc.
ApartmentLenders.com

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Meridian Mortgage Inc. has been in business since 1995. We lend money for the purchase and refinance of apartment buildings across the United States.

We specialize in apartment and mobile home park financing. As apartment owners ourselves, we understand the needs of our clients.

       Current rates as of: 02/04/2010
RateDescription
5.10%5 Year Balloon, 30 year amortization, Minimum loan size $750,000 Max LTV 80%, except in Ohio, Michigan, Indiana, Arizona, Florida - Max LTV in those states is 60%
5.65%7 Year Balloon, 30 year amortization, Minimum loan size $750,000
5.96%10 year Balloon, 30 yr amortization, Minimum loan size $750,000
NoteThese rates assume 80% LTV, rates are lower for lower LTV loans, call for quote. Maximum LTV is 60% in Ohio, Indiana, Michigan, Arizona, and Florida.
4.80%We now offer financing for Asssited Living, Section 42, LIHTC, and Larger apartment buildings thru our HUD program. Minimum Loan size is $3 million. Cash out to 80% LTV, Rate and term or purchase to 85% LTV. This program offers a 35 year amortization for existing properties, or 40 year amortization on new construction. Rates on new contruction are 6.125%.
5.64%7 year balloon, loan size over $5 million
5.10%5 year ballloon - Loan Size Over $5 million
5.90%10 year balloon - Loan amounts over $5 million
Rates are subject to change without notice.

© 2009 Meridian Mortgage, Inc.



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