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Apartment and Multi-Family Loans

Fortune Bancorp provides apartment loan financing for properties ranging from $150,000 to $5 million. We finance multifamily loans throughout the US, and specialize in both purchase and refinance transactions. Fortune Bancorp’s wide network of lenders coupled with its direct funding capability allows us to close transactions that other firms pass over.

 

Advantages of Fortune Bancorp’s apartment loan finance program include:

 

  • Multifamily loan LTV’s up to 80%

  • Loan terms up to 30, 35 or 40 years

  • Flexible multifamily loan amortization rates

  • Low, Short-Term or No pre-pay penalties

  • Financing for mixed-use properties and 2-4 units

  • Potential for reduced documentation

 


 

Commercial Loans

 

Fortune Bancorp's commercial division provides commercial property mortgages for office buildings, retail centers, industrial facilities, warehouses, and non-conventional commercial projects. Fortune Bancorp's wide network of lenders combined with its direct funding capability for commercial mortgages allows us to close transactions that other firms pass over.

 

Advantages of Fortune Bancorp's commercial property mortgage finance programs include:

 

  • LTV's up to 75%
  • Fixed rates up to 30 years on commercial mortgages
  • Flexible amortization terms
  • Low, Short-term or No pre-payment penalties
  • Financing for non-conventional properties
  • Private -Equity financing available also

 

 

 

 

Fortune Bancorp Inc.

107 S. El Camino Real

San Clemente, CA 92672

Toll Free: 1-800-277-1770

email: info@fortunebancorp.com