Multi-Family Loan Rates
Multi-Family Fixed/Adjustable Mortgages
Payment per $1,000 balance is based on the interest rate listed for the amortization term listed, and is rounded to the nearest cent. Example: for a 30 year, $1,500,000 mortgage at a fixed rate of 6.000%, $1,500 x $6.00 for an approximate payment amount of $9,000 (loan amount ÷ $1,000 x payment example = payment amount). The monthly payment amount shown includes principal and interest, and does not include amounts for taxes and insurance premiums, if applicable. Your actual monthly payment will be higher if an escrow account is established or required.
Rates are valid as of and are subject to change.
| Term in Years | Discount Points | Interest Rate | Payment per $1,000 | Disclaimers |
|---|---|---|---|---|
| 5/5 30 Year | 0.5 | 6.000% | $6.00 | DD, FF |
| 7/23 30 Year | 0.5 | 7.750% | $7.16 | DD, FF |
| 10/10 30 Year | 0.5 | 7.750% | $7.16 | DD, FF |
- DD) Interest rate based on the above assumptions, and may be different than the rates displayed here. The interest rates, Annual Percentage Rates (APRs), discount points, and rebates shown are subject to change without notice.
- FF) All mortgage loans through Provident Credit Union are for homes in California only. Adequate property insurance required for the life of the loan. Flood insurance may be required. All loans subject to credit approval. Other restrictions may apply. Provident Credit Union NMLS #412725
Features
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30-year terms
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No pre-payment penalty
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Movable Mortgage®Option207
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Cash-out available on all programs
For more information on apartment building mortgages, email us or call (800) 632-4600, option 1-2703.
Multi-Family Mortgage Loans
Consider the advantages of financing your apartment building with Provident -- up to $4 million for 5-36 units.