Small Balance Commercial

Apartment Bank offers financing for commercial real estate properties without a residential component. From retail space to storage warehouses, our small balance commercial lending platform has a solution for you. Our allows commercial real estate investors to quickly secure financing for their next venture.


Loan Amounts from $750,000 to $10,000,000

Apartment Bank will consider additional small balance commercial loan amounts on a case-by-case basis.

No Minimum Credit Score Requirement

Borrowers with low credit scores may be eligible for maximum financing. Call (800) 656-5626 for further information.

Secondary Financing May Be Allowed on Purchase Transactions

Complex transactions are made easy with our experienced underwriters guiding you through the process.

Non-Resident Alien Financing Available

No social security number, FICO score, or green card are required. We work with customers on a loan-by-loan basis.

Eligible Properties

  • Commercial real estate properties without a residential component
  • Multi-tenant retail centers
  • Investor owned light industrial flex space
  • Self-Storage
  • Investor owned mixed-use property, warehouses, or multi-tenant office buildings
  • Flexible underwriting with past derogatory credit stories acceptable

Loan Amounts

  • $750,000 - $10,000,000 considered

Terms & Amortization

  • Adjustable, 3, 5, 7, and 10 year hybrid loans amortized over a 25-year term
  • Interest only options available

Prepayment Penalty

  • Step-down prepayment penalties during the fixed rate portion of the loan.

Loan to Value Ratio

  • Maximum LTV 70%, depending on the quality and program
  • Exceptions considered on a case-by-case basis

Debt Coverage Ratio

  • 1.30:1 DCR
  • Exceptions considered on a case-by-case basis

Credit Score

  • No minimum credit score requirements

Application Fee

  • Application fees are based on the customer’s qualifications and may range from $1,500 to $5,000
  • Fees will be applied towards third party costs including, but not limited to, the borrower’s credit report, appraisal report and property inspection


  • Interest rates quoted daily. Please contact an Apartment Bank loan specialist for pricing parameters


  • Individuals, trusts, limit liability companies, limited partnerships and corporations


  • Most large metropolitan statistical areas will be considered with populations of 250,000 or more

Success Story

A guarantor came to us needing a cash-out refinance on an owner-occupied office building in order to fund the purchase of an additional owner-occupied commercial property. Due to the conventional risk of lending on owner-occupied properties and the past financial difficulties of the borrower’s businesses, traditional lenders disqualified him from obtaining financing.

At Apartment Bank, we took a common-sense underwriting approach to the loan analysis for this application. The property in question is located in one of the strongest retail and office markets in the country. The strength of the market and financial stability of the building far outweighed the borrower’s previous financial issues. With a strong global cash flow from outside real estate investments, we were able to approve the refinance loan for this property.



We want to learn more about your lending needs. Call us directly at 800-656-5626 or fill out our form and one of our loan specialists will reach out to you.