Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Kentucky
Kentucky Apartment Loans
Select Commercial arranges Kentucky apartment loans from $1,500,000, up to 80% LTV, with rates as low as 6.16%. We compare Fannie Mae, Freddie Mac, FHA, bank and bridge programs to fit your property. For loans over $6 million, see multifamily loans. See current rates on every loan type we offer.
Get a Free QuoteFinancing Options in Kentucky
Kentucky apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing more of the state? See Kentucky commercial mortgages.
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
Kentucky Apartment Loan Rates
| Loan Type | Rate* | Max LTV |
|---|---|---|
| Apartment 5 Year Fixed | 6.16% | Up to 80% |
| Apartment 7 Year Fixed | 6.14% | Up to 80% |
| Apartment 10 Year Fixed | 6.16% | Up to 80% |
- Rates as low as 6.16% on Kentucky apartment loans
- Up to 80% LTV, 85% via FHA/HUD
- Terms and amortizations up to 30 years
- Purchase, refinance and cash-out
- No upfront application or processing fees
- 48-hour written pre-approvals, no cost or obligation
Rates last updated August 9, 2026. Rates and maximum LTV shown represent our best-case pricing scenarios. Actual rates, LTV, and loan terms are subject to underwriting approval and may vary.
Compare Kentucky Apartment Loan Programs
As a broker we compare every program for your best-fit Kentucky apartment financing:
| Program | Typical rate* | Max leverage | Best for |
|---|---|---|---|
| Fannie Mae Small Loan | 6.16%-6.95% | Up to 80% | Non-recourse, fixed to 30 yrs |
| Freddie Mac SBL | 6.15% | Up to 80% | $1M to $7.5M small balance |
| FHA / HUD | 6.12% | Up to 85% | Highest leverage, longest term |
| Bank / portfolio | 6.25%-6.50% | Up to 75% | Flexible, value-add |
| Bridge | 9.00% | Up to 80% LTC | Reposition, lease-up |
Most apartment lenders look for a debt-service-coverage ratio (DSCR) of at least 1.25x.
2026 Kentucky Apartment Loan Market
The Southeast leads the nation in apartment absorption in 2026, with regional vacancy near 5.2% as strong renter demand works through recent supply. In-migration continues to support the region.
Major Kentucky markets we finance:
Across Kentucky, we arrange apartment building loans from $1,500,000 through agency, bank, FHA and bridge programs. Your rate and leverage are driven by the property’s cash flow and the deal metrics shown above.
Kentucky Apartment Loan Types We Serve
We arrange financing across Kentucky for:
- Urban high-rise apartment buildings
- Suburban garden apartment complexes
- Small apartment buildings with 5+ units
- Underlying cooperative apartment loans
- Portfolios of small apartment and rental properties
- Mixed-use and other multifamily property
Apartment Loans Across Kentucky
We provide apartment loans throughout Kentucky, including these markets:
For properties over $6 million, see our multifamily loans; nationwide, we lend in most major U.S. cities.
Recent Apartment Loan Closings
A sample of apartment and multifamily loans we have arranged for investors nationwide.
Other Property & Loan Types We Finance in Kentucky
As a full-service commercial mortgage broker, we arrange Kentucky financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
What Our Clients Say
“I am a veterinarian who purchased an existing practice. I was surprised to find a company that offered 100% financing at a good rate, with great terms and rates for medical office financing.”
Carol K. · Chicago, IL“I spoke to several commercial lenders before finding Select Commercial. They got me a lower rate and their service was exceptional. If you need a multifamily loan, you need to talk to Stephen.”
Nathan B. · Philadelphia, PA“Select Commercial was very helpful with my multifamily mortgage. Stephen went over several options and we came up with the best lender to meet my needs. I got the funds and also lowered my payments.”
Gary M. · Portland, OR“Select Commercial offered 100% financing for my medical practice when my bank would have required 20% down. They delivered something my bank could not, and handled everything professionally.”
John C. · Boston, MAGet Your Kentucky Apartment Loan Quote
No cost, no obligation. Written answers within 48 hours on Kentucky apartment loans from $1,500,000.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up