Student Housing Financing
- Student Housing Apartments nationwide – schools large and small
- Purchase or Refinance
- Nonrecourse available
- Cash out available
- No or low prepayment options
- Experienced team assigned to your transaction
The Madison Group is uniquely positioned to assist borrowers who wish to invest in student housing properties nationwide. We understand that loans for on and off campus dedicated student housing buildings have special requirements and needs.
Our team of experienced originators is equipped to offer the most competitive rates and terms through our extensive lender base. Speak to one of our mortgage officers today regarding your specific requirements and find out how we can partner together to reach your financial goals.
Properties must pass eligibility requirements, including distance from campus and an existing student tenant base.
We will also consider 12 month leases with parental guarantee or credit worthy employed students. Some programs allow multiple students per unit with there being exceptions made on a case by case basis.
With a minimum loan size of $1,000,000 and a variety of pricing options, we are positioned to assist you in obtaining the most competitive terms for this type of investment. We will consider both single and multi-asset borrowers and experience in the student housing market is preferred.
Loan Program Information
| Loan Limits | $1,000,000 Minimum |
| Rates | Competitive market pricing; Fixed or floating rates |
| Terms | 5, 7, 10, 15, 20, 25, and 30 year terms |
| Amortization | 25 to 30 Year Amortization |
| Prepayment | Several options including no prepayment penalty |
| Recourse | Nonrecourse available (subject to standard carve outs) |
| DSC | 1.20 DSC Minimum |
| LTV | 80% LTV/LTC Maximum |
| Assumable | Yes to a qualified borrower |
| Property types | On campus, off campus, multiple student per bedroom |
| Geographic areas | Nationwide |