An apartment mortgage loan is a multifamily loan

An apartment mortgage loan is a multifamily loan There are two types of apartment mortgage loans: a fully recourse apartment loan and a nonrecourse one. In a full recourse loan, a lender can repossess your assets and liquidate them if you default. Fortunately, most apartment mortgage loans have no prepayment penalty. You should ask your … Continue reading An apartment mortgage loan is a multifamily loan