Commercial real estate investment covers a wide range of projects, from purchasing a smaller apartment building to constructing a large-scale apartment community. To help make these investments possible, lenders offer a wide variety of loans, each of which is ideally suited for different types of projects.
Howell Investment Finance, a specialized commercial mortgage broker based in Ames, IA, explains a few of the types of commercial loans available to those interested in investing in real estate:
- Fannie Mae & Freddie Mac: For investors interested in building a portfolio of rental properties, Fannie and Freddie mortgages are now the most suitable type of financing available. In fact, using these GSE’s for your investment is one of the key elements that make real estate investments so lucrative.
- FHA/ HUD Mortgages: The HUD/ FHA could have a program to help your cash flow to increase with their 35-year amortizations on refinance and 40-year amortizations on new construction. The HUD/FHA mortgages are one of the best loans available for senior housing projects.
- Life Insurance Lenders: Many life insurance companies offer 30-year amortized mortgages as a way to diversify their own investments. In the long run, life insurance mortgages could represent another attractive way to finance your investment property.
In addition, Howell Investment Finance has the expertise to help you secure conduit loans, portfolio loans, or bridge loans, depending on your needs. Visit their website to learn more about their broad array of highly specialized services, or call (515) 233-8228 now to have your real estate investment questions answered.