Take Benefits of the Big Deal in 2018-2019! Fannie Mae Multifamily Lending Earnings Increase in Stable Market!

Small multifamily properties those with five to fifty units are getting more attention as an important source of affordable housing. Nationwide, it is estimated that there are over 315,000 properties with between five and fifty apartment rental units. However, about 17% of these properties are located in one place; Los Angeles County. The country comprises more than 4,000 square miles and includes the cities of Los Angeles and Long Beach, as well as areas that have widely varying income levels, such as Beverly Hills and Compton. With such a high concentration of properties, it is worth taking a closer look at the small multifamily segment in Los Angeles County.

The market cap report of the Fannie Mae multifamily lending is the evidence that more than 90% of financing directed to low-income housing. Good news as Fannie Mae reports slight increase in net income in Q2.

Rising Continues for Fannie Mae Multifamily Lending Market

Fannie Mae hot streak continues, net income increases slightly in Q3. Freddie Mac outstrips Fannie Mae multifamily lending growth by 19 percentage points. However, the third-quarter financial earning report declared by Fannie Mae on Friday, showing its multifamily sector posted solid gains over again.

The Fannie Mae multifamily lending net interest income is $549 million in Q3, up $45 million from the Q2 and up $58 million from the Q3 of 2017 – as per latest Fannie Mae announcement by Fannie Mae.

The increase was because of the rise in guarantee fee revenue as the multifamily guaranty book grew during the quarter. Thus, new Fannie Mae multifamily lending business volume increased to $18.2 billion in the Q3 of 2018, up from $14.5 billion in the Q2 this year. Fannie Mae multifamily lending’s business volume few a totals of $44 billion during the first nine months of 2014. Of this, about 42% counted toward the FHFA’s 2018 (Federal Housing Finance Agency) multifamily volume cap.

The FHFA’s scorecard put loan production caps on Fannie Mae and Freddie Mac’s multifamily business to further the goal of maintaining multifamily activities while not impeding on the participation of private capital. The cap set for both companies was $35 billion. However, the FHFA designed exclusions from the cap to support affordable and underserved multifamily segments of the Fannie Mae multifamily lending market, saying these segments are not being adequately served by the private sector. Exclusions include financing for subsidized affordable housing, manufactured housing communities and small multifamily properties, between five and 50 units.

Evidence to Increasing Earning Opportunity from Fannie Mae Multifamily Lending Program

Additional exclusions include financing for affordable properties in rural areas, energy efficiency improvements in Enterprise-financed properties, and market-rate units that are affordable to very low, low and moderate-income tenants in standard, high-cost and very-high cost rental markets.

Fannie Mae multifamily lending financing for a total of 206,000 multifamily units during the Q3 is the solid evidence that 90% of those were affordable for families earning at or below 120% of the area median income.

Earlier this week, the FHFA has already announced that, per its preliminary determination, Fannie Mae multifamily lending program has passed all five of its low-income housing goals of 2017 a long ago. And although the program has been focused on lending to low-income households, the Fannie Mae multifamily lending program’s serious delinquency rate improved in the Q3, dropping to 0.07% as of 30^th September’ 2018. This is down from 0.11% as of 31^st December’ 2017! The reason for this massive drop was due to mainly a decrease in delinquent loans subject to forbearance agreements granted to borrowers in the areas affected by the hurricanes in the latter part of 2017.

Overall, the Fannie Mae multifamily lending options have seen a comprehensive income of $4 billion in the Q3 of 2018 which was primarily driven by the business fundamentals.

Know more about Fannie Mae multifamily lending market and your ROI to consider by visiting ALB Commercial Capital online or by calling directly on 800-510-2214!

Fannie Mae, Freddie Mac, or Banks: Which Apartment Loan Program is Best For You in Upcoming 2019?

There’s no shortage of options when it comes to apartment loans for multifamily financing. Check out the decision making factors shared below to best decide on a commercial apartment loan lender.

If you are reading this, means you have decided to buy and apartment building. Diversifying your portfolio with a consolidated source of passive income is a savvy move. Go ahead and pat yourself on the back. While finding a multifamily property that matches your investment criteria and experience is no cakewalk, you aren’t done with the tough choices just yet. There’s no shortage of products to consider when it comes to financing your multifamily investment. First, the major players involved.

Apartment investors spend a lot of time weighing the pros and cons of bank and agency loan products. While there is no right or wrong choice, you must arm yourself with the knowledge needed to determine which loan product works best for your investment. So, let’s jump into some specific terms.

Resource vs. Non-Resource:

The biggest differentiation between bank and agency apartment financing is whether the loan is recourse or non-recourse. Fannie Mae and Freddie Mac apartment loans used to buy or refinance apartment buildings are non-resource, meaning that the debt is secured only by the loan collateral. If you default on a non-recourse loan, the lender can only recoup the pledged collateral. They can’t go after your personal assets. One of the biggest benefits of working with non-recourse lenders is that your personal liability is protected.

Apartment loans financing from a bank usually comes in the form of a recourse loan. This means that you and your partners are personally liable for the full apartment loan amount in the event of a default. If the property sale doesn’t cover the loan amount, the lender can go after assets that were not used as loan collateral. Sometimes banks will offer non-recourse refinancing, but the risk is often reflected in a higher interest rate.

Pricing & Flexibility of Best Rate Apartment Loans:

While the non-recourse loans offered by Fannie Mae and Freddie Mac help you sleep better at night, recourse apartment loans tend to offer more flexibility when it comes to loan structure and pricing.  You may ask why? Because it is more difficult to recoup on a non-resource apartment loan, lenders are going to impose more restrictions on what you can do with your apartment buildings. Their goal is to keep the apartment asset competitive and in good repair. As such, apartment loan provisions might include capital expenditure and maintenance schedules.

Recourse apartment loans from banks tend to offer a slight advantage on interest rates. That being said, recourse multifamily apartment loans are typically structured with a floating interest rate spread over an index. Fannie Mae and Freddie Mac apartment loans can be locked in at a fixed rate, and can offer better long-term fixed-rate loan terms than banks if you are looking to set it and forget it.

Agencies, like ALB Commercial Capital, also have the benefit of higher leverage which tops out at 80% loan to value in certain markets. Banks usually top out around 75% LTV.

Speed of Execution:

Traditional wisdom would steer you towards a bank loan if you are looking for speed or execution above all else. However, recent developments in online technology now allow lenders to streamline the documentation process on Agency loans. Fannie Mae and Freddie Mac products are now catching up to the quick loan process Banks have been known for.

While Agency supporting apartment loan programs are standardized when it comes to requirements and terms, not all lenders are built equal. Finding an experienced lender and attorney are two ways to ensure the fastest agency financing possible.

Servicing & Beyond:

Banks usually keep your apartment loan on their own balance sheet, so you can expect to work with a single entity over the course of your loan. Smart investors will find an Agency lender that maintains an in-house point of contact for servicing over the life of their loan. Some agency lenders hand off your financing to a third-party manager after the loan is sold to a GSE for securitization. This can present some headaches when it comes time to refinance or sell your apartment property.

You are also going to want to consider prepayment penalties. Bank loans typically feature a 1% prepayment penalty, while Agency backed apartment loan programs have declining prepayment penalties or yield maintenance.

Buying a new home can be an exciting and sometimes overwhelming endeavor. Part of the challenge is finding an apartment loan that is right for you. Here comes the necessity of hiring a professional-cum-business friend to not only get the top-class apartment loan options but also professional advice that will make the process of getting best rate apartment loans much easier for you.

Having questions? Ask the experts at ALB Commercial Capital!

Access Higher Leverage from Best Rate Apartment Building Loans in Inland Empire

Long gone were the days of walking into a local bank to get a multifamily or commercial apartment building loans in Inland Empire. It’s not because bank can’t finance you, but because there are simply too many options. Commercial mortgage backed securities and non-resource financing are two different but the best apartment building loans program in Inland Empire for people those are seeking best rate apartment building loans and the list goes on.

Whether you are a new borrower or are looking to refinance an existing loan, it’s important that you partner with a lender like multifamily loans to get you the best leverage and financing terms available.

Understand What’s Expected of You as Borrower to Get the Best Apartment Building Loans Financing Terms Available

What we are ultimately looking for in a borrower is someone who has great experience, a net worth greater than requested apartment building loan amount, and liquidity greater than 10% of the loan amount post-closing (not including cash-out on refinances). Keep in mind that this requirement can be reduced for lower leverage apartment building loans in Inland Empire.

There are so many factors involved in choosing the apartment building loan in Inland Empire that’s just right, including things like terms, interest rates, amortization, and more. Most lenders have their own requirements and standard structures and that’s it; there’s very limited bending. This means that when dealing with a bank or a banker, or even your local mortgage broker, you have to make your deal fit into their niche instead of finding the lender that builds their business for opportunities just like yours. You are limiting your options to their strengths, instead of leveraging strengths of your apartment building loan opportunity with the appropriate lender in your niche. What one lender may call a one-off deal; another may call a perfect fit.

There’s no way for a apartment building loan borrower to have the same level of access to capital markets, and the same relationships, as the expert group of advisers at ALB Commercial Capital. It’s simply not feasible unless you have built a department that specializes in it, that has evolved along with the market, and that continues to research and evolve every day.

ALB Commercial Capital – The Best Choice for Apartment Building Loans in Inland Empire

Market fluctuates; capital ebbs and flows. Align yourself with a partner who understands the business inside and out, and wants to understand your deal and everything about it. Ready to get started? Get in touch with ALB CommercialCapital to get pre-approved for your apartment building loan in Inland Empire today!

Ultimate Guide to Getting Qualified for Apartment Loans in California

Buying apartment buildings is more involved than investing in single-family or small multi-unit properties. There are pros and cons to apartment building investments. Thus, investing in apartment buildings require a deeper level of understanding on financial and management aspects of real estate investment.

Steps to Getting Apartment Loans Financing

Analyze the Income of the Property:

You will need to have a current rent roll showing current property income and the past 12 trailing months’ income and expense statement. Subtract total expenses from income to determine the net operating income. Now you will need to know the apartment loan amount. If you have not spoken with a lender or mortgage broker yet estimate 75% of the value. Now take your annual net operating income and divide it by your estimated annual mortgage payments. This will give you a ratio called a debt service coverage ratio.

Analyze Market Rents:

The easiest way to do this is to find three to five apartment buildings in the same sub-market as the subject property. These need to be of similar age and quality as the subject property. You can find the websites for these and see what rents they are getting. Or you can talk to a multifamily property manager, or your commercial realtor. It is helpful to know market rents so you can determine if the rents of the subject are too low and have room for future increases. Also, if the rents of the subject property are the highest in the market this can cause you to get a lower than anticipated appraised value.

Estimate the Appraised Value:

First, determine the capitalization rate of the subject property. To do this take the annual net operating income of the property and divide this by the purchase price or the value that a real estate professions estimates. Find out what cap rates similar properties have sold for in the past year and use this cap rate to estimate the value of your property. Second, ask a real estate professional for help in researching similar properties that have sold within 5 miles of your property. Calculate the price per unit these for these properties and apply it to the number of units of your property. Again, you will need to find similar size and quality properties to yours for this to be accurate.

Apply for the Best Apartment Loan You Qualify For:

You can submit an apartment loan submission package to your top loan programs, or we can do this for you at ALB Commercial Capital. Your objective is to get a letter of interest from the lender that shows the apartment loan terms and pre-qualifies you for the loan amount. Be wary of lenders or brokers that charge upfront or due diligence fees. These programs are likely scams. You shouldn’t have to put money down on an apartment loan until you get a letter of interest, and the funds should go towards the third party reports or legal expenses that the lender actually incurs.

Things You Need to Know before Applying for the Apartment Loans

• Personal financial statement on all key principals including schedule of real estate owned 
• Current rent roll on the subject property
• Previous past two full years and past trailing 12 months income and expense statement
• Copy of your current three credit report. The lender might want to pull your credit but this         will likely lower your credit score especially if you are applying to multiple lenders
• Photos of the interior and exterior of the property
• A brief apartment loan summery selling the transaction
• Last two years tax returns and current business financials if you are self employed

    A superb lender can help you getting the best rate apartment loans that is rewarding and followed through a streamlined process. An inexperienced lender could cause your apartment loan process to be one that costs you financially, time wise and in number of headaches. Choosing ALB Commercial Capital can free you from many issues exist with an inexperienced lender. Get in touch today with ALB Commercial Capital to obtain flexible terms on best rate apartment loans.  

Freddie Mac Hybrid Small Apartment Loans Give Green Flag to Finance Multifamily Properties

One-third of all multifamily units are in small multifamily properties which are an important component of the affordable rental housing stock for low and moderate income individuals. Although many small multifamily properties receive some form of govt. subsidy, UN-subsidized units account for three-fourths of units with rents below $600.

Multifamily mortgage debt organization and investment is highly fragmented although a handful of institutions holds about one-third of outstanding multifamily debt, the remainder is held in portfolio by almost 6,000 Federal Deposit Insurance Corporation. Although secularization plays an important role in supporting multifamily finance, UN-secularized portfolio holdings remain a significant source of multifamily investment. Commercial multifamily mortgage secularization is slowly recovering, and life insurance companies play a measurable role as multifamily investors.

How Freddie Mac Hybrid Small Apartment Loans Set a Class for Finance?

Albeit small multifamily properties are commonly defined as those with five to 50 units, but Freddie Mac define small multifamily properties by loan size ranging from $1 million to $5 million. Smaller properties with two to four units are also an important source of affordable rental housing, loans for these smaller properties are originated using Freddie Mac hybrid small apartment loans’ guidelines.

In recent days, Freddie Mac hybrid small apartment loans have represented a limited segment of the total multifamily business activities. Though Freddie Mac is a government sponsored enterprise that provides a secondary finance market for residential mortgages, billions of dollars have been provided through Freddie Mac hybrid small apartment loans for multifamily financing.

Freddie Mac Hybrid Small Apartment Loans in Multifamily Housing Finance

As secondary market investors, the Freddie Mac hybrid small apartment loans provider’s role in providing liquidity to the multifamily market is an important one; however, they face a number of challenges in financing multifamily properties. These hurdles are particularly acute for small multifamily loans.

The characteristics of multifamily properties to qualify for Freddie Mac hybrid small apartment loans are to make financing more challenging. More than half of the small multifamily housing stock is more than 30 years old and tends to have higher maintenance costs than larger properties. Although vacancy rates for smaller properties are only marginally higher than those for properties with more than 50 units, losses due to vacancy are higher for smaller properties. To manage these concerns, adequate reserves to cover temporary liquidity problems and meet anticipated capital expenses are even more critical for smaller properties.

Although individual borrowers are important contributors in the small multifamily arena, they have unique characteristics that present challenges to financing. In small multifamily properties with less than 25 units, borrowers tend to be individual property investors or smaller commercial enterprises that invest in just few properties. Typically, the ownership structure in small properties with more than 25 units involve more formal legal arrangements such as limited liability partnerships, limited liability companies, or other types of corporate entities.

Individual multifamily borrowers operate on thinner cash flow margins that larger property owners, and are exposed to higher income fluctuation risk when vacancies occur. Many individual borrowers don’t have the resources to outsource the management of their properties; instead, they manage their properties themselves which can impact the maintenance of the units or the speed of filling vacancies.

Accessing the entire secondary market data is difficult for individual small multifamily borrowers who often lack the deep pockets to meet secondary market underwriting requirements for minimum net worth, liquidity reserves, or es crowed reserves for capital expenditures. In addition, individual borrowers may not have audited financial statements to meet reporting requirements.

Evaluating these multiple factors before applying for Freddie Mac hybrid small apartment loans not only adds to the complexity and cost of underwriting small-balance multifamily loans, but also limits the field of investors willing to purchase these loans. Due to a combination of unique factors that are typical of Freddie Mac hybrid small apartment loans, investors view the market as highly heterogeneous. In every loan transaction, all of the distinctive characteristics of both the property and the borrower must be considered. In many circumstances, these characteristics render a loan to a particular borrower, or on a small multifamily property, ineligible for purchase by the government sponsored enterprises.

Need immediate assistance to qualify for Freddie Mac hybrid small apartment loans? Get in touch with qualified loan advisers at ALB Commercial Capital waiting eagerly to respond to your calls.

When the Apartment Building Loans Refinancing Is Considered a Praiseworthy Investment?

If your new interest rate will be at least one point lower, you get eligible to refinance your apartment building loan. That may have been true years ago, but with the fact that refinancing has been costing less recently; it is a good time to think about new apartment building loans. Refinancing your apartment building loans has a variety of advantages that often make it a praiseworthy initial spending many times over. Make sure you consider any pending balloon payments and of course existing prepayment penalties on your present apartment building loans.

Advantages of Refinancing Apartment Building Loans

When you refinance apartment building loans, you could have the ability to lower your interest rate and monthly payment; sometimes by a lot. You might also have the ability to cash out a portion of the built-up equity in your commercial property which you may use to consolidate debts, improve your property, or acquire more. With reduced interest rates, you might also be able to build your equity more quickly by switching to short-term apartment building loans.

apartment building loans

                                          

                                                          

How Much You Need to Spend While Refinancing Apartment Building Loans?

All of the advantages of refinancing apartment building loans do come with some expense. You will be charged the same sort of expenses and fees you did with your present apartment building loans. Among these may be settlement costs, an appraisal, lender’s title insurance, and underwriting fees and so on.

Calculating the Refinancing Option for Apartment Building Loans

You might investigate paying points to reduce your interest rate. Consult with a tax professional before acting on word of mouth that the points paid may be deducted on your taxes. Another thing about taxes is that if your interest rate is lowered, naturally you will also be reducing the paid interest amount that you’ll be able to deduct from your federal income taxes. This is one more cost that some borrowers take into consideration.

Most of the apartment building loan borrowers find that the savings per month balance out the initial cost of refinancing apartment building loans. Thus, here at ALB Commercial Capital, we give professional assistance to figure out what your options for refinancing apartment building loans are by considering the effect of refinance on your taxes that you may like to sell in the coming days and your money on hand.

Get in touch with the expert apartment building loan advisers at ALB Commercial Capital to help you refinance without any hassle

Purchasing or Refinancing a Multifamily Property? Check Out How Apartment Loans Help Financing an Apartment Building

Before exploring the financing options, let’s have a look at what’s count as an apartment building. Apartment building generally contains 5-7 units and each of them should have a kitchen, bathroom, and a sleeping/living area for sure. What does the ideal investor look like for an apartment building of 5+ units? 

The ideal investor should have enough cash or assets to put down 20-25% of the purchase price and at least another 10% of the total loan amount in assets or cash. If you are looking to buy an apartment building for the first time and you are planning to use hard money, equity or mezzanine debt, the deal might be too big for you. Instead of that going with a flexible apartment loan program is a way better choice. 

Understand What is Expected from You as Borrower to Get the Best Financing Terms

The days of walking into your local bank to get a military or commercial property loan are over. Not because the bank can’t finance them for you, but because there are simply too much options. Today privately handled and government backed agencies like Fannie Mae and Freddie Mac are offering non-recourse apartment loans with 10year of fixed-rate loans at nearly 4% to qualified borrowers. Whether you are a new borrower or are looking to refinance an existing loan, it’s important that you partner with a lender like ALB Commercial Capital to get you the best leverage and financing terms available.

Below is the standard documentation that you need to submit to obtain the most accurate quote whether you will be purchasing or refinancing a multifamily property.

Property Information:

•          Last year’s P&L
•          Trailing 12 month, Month-by-month P&L
•           Current rent roll
•          Stabilized and/or proper
•          Stabilizes budget/Pro Forma
•          Summary of Cap Ex (capital expenditure) to date
•          Property photos, address, description, unit-mix, age etc

Borrower Information:

•         Name of entity
•         Personal financial statement for each guarantor
•         Resume/Bio for each guarantor
•          Property management company info if not self-managed

If you are refinancing or financing an apartment building, we may also need some additional information including when you bought the property, how much you bought it for, how much you put down, your current loan terms, and the current occupancy. To get a better idea of the apartment loans’ process, check the details below: 

•          Apartment loan amount can gain maximum proceeds subject to the lesser of an 80% LTV and a DSCR no less than 1.25
•        10 years fixed
•          30 year amortization
•          4.3%-4.9% interest rate
•         9.5 years yield maintenance
•          Assumable for 1% fee
•          Non-recourse
•          About $15k application fee for third party reports with unused funds applied towards closing costs.
•          Refundable Good faith deposit of 2% at time of commitment and rate lack refunded about 30 days after closing

Although bank prescribed apartment loans cost more to originate than private agencies, however, in the end they offer better long term financing, interest rate risk protection and of course leverage. Are you ready to get started? Connect with one of the finest team of experienced apartment loan advisors at ALB Commercial Capital to explore your options for best rate apartment loans!

How Best Rate Apartment Loans in San Bernardino Helping Multifamily Property Buyers

Buying a house is one of the biggest and most important decisions of a lifetime. Therefore, it requires meticulous planning and careful consideration. After saving money for the down payment, you need to select a suitable housing loan based on your needs. Contrary to the general belief, apartment loans in San Bernardino aren’t only available for purchase of a house; you can also get loans for construction, renovation and extension of your multifamily property. 

Moreover, you have the option to transfer your existing housing loan from one lender to another. A good house is essential for the all-round wellbeing of a family. Therefore, it’s important to give utmost priority to the decision of purchasing or improving a house. Easy availability of housing finance has helped many people fulfill the ambition of owning a good house. In case you have similar aspirations, the best time to act is now.

Unless you plan to forego the benefits of using leverage and pay all cash for property, you need to understand how to finance multifamily and apartment properties. There are various options available with their advantages. 

Lender Types for Financing or Refinancing Apartment Loans in San Bernardino

•          Hard money/bridge lenders
•          Conventional lenders
•          Agency financing
  
  
  
  

Hard Money Apartment Loan Lenders in San Bernardino

Financing a multifamily property through hard money finance is a great way to obtain flexible transaction. And, having a good relationship with a hard money lender is beneficial to your investing business. 

Advantages:

•          The hard money lenders primarily underwrite the numbers on the deal and the feasibility of the property producing a profit. They focus on the plan for the property being able to pay back their loan.
•          This contrasts with conventional lenders that will underwrite to the borrower’s credit. If you have bad credit they are an easier option.
  
•          Rates are interest only. The loan principal needs to get paid off entirely either by refinancing or selling the property.
   
•          Funding is quick within weeks vs. the typical 30-45 days for conventional lenders
  
•        They’ll give higher emphasis to borrowers experience and track record. If you do several successful deals with them, they’ll give you better rates and other options as their confidence in your business increases. You can sometimes negotiate with them a little easier than conventional lenders, as they want to maintain your business.

Conventional Apartment Loan Lender in San Bernardino

Conventional lenders will also finance multifamily property. There are banks to sanction apartment loans in San Bernardino by keeping the required documents in check but the process is too lengthy and need a good credit score. However, conventional apartment loan lenders offer similar standard types of loans to the general public but with more flexible terms. They don’t tend to deviate much from one another similar standard types of apartment loans in San Bernardino because they are governed by national banking and lending policy set by the federal reserve and government sponsored agencies like Fannie Mae and Freddie Mac. These agencies buy their apartment loans on the secondary market which allows the banks to free up space on their balance sheet to create more loans. Because of the regulatory environment they operate, they require vast documentation to be in compliance with industry policy.

Advantages:

•          The rates of apartment loans in San Bernardino are among the lowest and vastly lower than hard money alternatives. Rates can range from 4.5-6% depending on the deal particulars and borrower’s credit.
  
•          They will lend with higher leverage. Typically for commercial loans they will be in the range of 60-75% and even 80% depending on particulars of the deal.
  
•          Apartment loans in San Bernardino are amortized up to 30 years depending on deal particulars and product offerings
  
•          Terms range from 5-10 years depending on deal particulars and product offerings
  
•         Because they have branch locations, they are more accessible

Agency Financing Apartment Loans in San Bernardino

Agency financing apartment loans in San Bernardino generally refers to Fannie Mae or Freddie Mac which are government sponsored entities that finance multifamily projects. On the commercial lending side, they tend to be the most competitive. They will not do small loan amounts. They are also more stringent on their due-diligence of the property.

Advantages:

•          Higher leverage – 80% and sometimes more, depending on deal particulars and if they offer any special products
  
•          The lowest interest rates range from 4.3-5% depending on deal particulars and product offerings
  
•          Apartment loans in San Bernardino are amortized up to 30 years depending on deal particulars and product offerings
  
•          Terms range from 5-10 years depending on deal particulars and product offerings
  
•          Interest only periods may be available
  
•          Level of documentation is not as large
  
•          Strength of borrowers experience given greater consideration in qualifying

Since there are different options for apartment loans in San Bernardino, working with an experienced loan broker/advisor is extremely helpful. This is because an expert will only able to guide you through the process for the best fit to finance on financing/refinancing apartment loans in San Bernardino. 

Need a helping hand while deciding the best apartment loan option for you in San Bernardino? Contact the experienced loan advisors from ALB Commercial Capital. Stop by the site to have a look into the best rate apartment loan in San Bernardino!