FNMA DUS Large Apartment Loan Rates are near historic lows.
Rates are in the low 5% range for fixed rate non-recourse commercial 10 year apartment loans. FNMA large loans are available nationally for owners seeking $5,000,000 or more, for the purchase or refinance of apartment complexes.
The Small Loan program for loans under $5,000,000 is a great program for borrowers looking to lock in low rates for ten years. Rates for small loans are around 5.5% fixed for ten years. These loan are for properties of 5 or more units with loans from $750,000 to $5,000,000 in the Chicago area.