Current Multifamily Loan Interest Rates
Multifamily loan rates change almost every day. If you're looking for current multifamily financing rates, it’s important to understand how these rates actually work.
Most conventional multifamily loans — including Fannie Mae, Freddie Mac, CMBS, and traditional bank loans — are based on two parts:
A market index (such as SOFR or Treasury yields)
Plus a spread added by the lender
The spread is where most of the variation comes from. Lenders determine the spread based on several key factors, including:
Property type and class (A, B, or C)
Location and market strength
Property income and cash flow
Borrower’s credit strength and experience
Today’s key index rates used for Fannie Mae, Freddie Mac, and many other multifamily loans are:
Multifamily Loan Programs $500,000 to $50 million
Fixed Rate
Conventional Loans
5-Year Fixed
up to 75%
Interest Rates
Term
LTV
5.875% to 6.25%
up to 75%
up to 75%
5.875% to 6.35%
6.15% to 6.45%
LTV
65% to 80%
LTV
60% to 70%
3-Year Fixed
Multifamily Loan Programs $500,000 to $50 million
7-Year Fixed
Fannie Mae / Freddie Mac Agency Loan Programs
*Rates indicative of the national average, Act 360
Updated June 4, 2026
Fixed Rate
Term
10-Year Fixed
5-Year Fixed
7-Year Fixed
Portfolio Lenders
LTV
up to 55%
up to 65%
up to 55%
up to 65%
up to 55%
up to 65%
5.20% - 5.60%
Interest Rates
5.10% - 5.40%
5.18% - 5.48%
5.28% - 5.68%
5.26% - 5.56%
5.36% - 5.76%
Index Rate
1-Year Treasury
5 -Year Treasury
7-Year Treasury
10-Year Treasury
3.82%
4.20%
4.34%
4.48%
*Rates indicative of the national average, Act 360
Updated June 4, 2026
Disclaimer
The information provided above is for informational and educational purposes only. Jake Plewa, Taksa Investment Group, and RE/MAX Commercial are not mortgage brokers, lenders, or licensed by the Nationwide Multistate Licensing System (NMLS).
We strongly recommend that you consult with a licensed mortgage broker or financial institution for professional advice regarding current financing options, qualification requirements, and personalized loan terms.
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The right apartment building loan can make or break your cash flow and ROI. As an experienced Los Angeles apartment broker, I leverage a strong network of top multifamily lenders to secure the best financing options for your unique situation — whether you're buying, refinancing, or repositioning an apartment building.
From agency loans and HUD programs to bridge and bank financing, I’ll match you with competitive rates, high leverage, and flexible terms tailored to the LA multifamily market.