Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Atlanta, Georgia
Atlanta Apartment Loans in 2026
Select Commercial specializes in Atlanta apartment loan solutions for local investors, plus apartment building financing for larger properties and portfolios, with rates as low as 5.68% and up to 80% LTV. For properties elsewhere in the state, see our Georgia apartment loans; for loans over $6 million, see Atlanta multifamily loans. See current rates on every loan type we offer.
Get a Free QuoteFinancing Options in Atlanta
Atlanta apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing more of the state? See Georgia apartment loans.
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
Atlanta Apartment Loan Rates
Rates updated as of August 20, 2026
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.08% | Up to 80% |
| 7 Year Fixed | 6.19% | Up to 80% |
| 10 Year Fixed | 6.28% | Up to 80% |
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 5.68% | Up to 75% |
| 7 Year Fixed | 5.79% | Up to 75% |
| 10 Year Fixed | 5.88% | Up to 75% |
- Streamlined underwriting for institutional multifamily
- Cash-out refinances are acceptable
- Interest-only and non-recourse options
- Minimum 1.25x debt-service-coverage ratio
Rates last updated August 20, 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 Atlanta Apartment Loan Programs
As a broker, we compare every program to find your best-fit Atlanta apartment financing. Typical starting points for properties under $6 million:
| Program | Typical rate* | Max leverage | Best for |
|---|---|---|---|
| Fannie Mae Small Loan | 6.08% | Up to 80% | Non-recourse, fixed to 30 yrs |
| Freddie Mac SBL | 6.15% | Up to 80% | $2M to $10M small balance |
| FHA / HUD | 6.12% | Up to 85% | Highest leverage, longest term |
| Bank / portfolio | 6.25% | 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. For properties over $6 million, see our Atlanta multifamily loans.
2026 Atlanta Apartment Loan Market: Supply Eases as Fundamentals Improve
Atlanta is expected to move into a healthier apartment environment in 2026 as the pace of new deliveries slows and renter demand continues to absorb existing inventory. That shift matters for financing because Atlanta investors pursuing apartment building loans typically focus on the same drivers that shape an Atlanta apartment loan, including job growth, the supply pipeline, vacancy movement, and rent direction.
Employment
The metro is projected to add about 19,000 jobs in 2026, ranking among the largest job gains nationally. Office-using employment is also expected to expand by roughly 4,500 jobs, supporting demand tied to professional and business services.
Construction and supply
Apartment completions are forecast to drop sharply in 2026, down by nearly half compared to 2025, making it one of the lightest delivery years in more than a decade. Even with the slowdown, overall inventory growth is still projected around 1.4%, slightly above the national average, but far less disruptive than the recent high-delivery period.
Vacancy
Atlanta remains a leading in-migration market, and with fewer new units expected to deliver, demand is projected to shift more toward existing rentals. Vacancy is forecast to tighten to about 5.2%, reflecting improving conditions as supply pressure fades.
Rent trend
After stabilizing in 2025 following a period of softness, Atlanta is expected to rank near the top of major markets for effective rent growth in 2026. Average effective rent is projected to move toward roughly $1,650 per month, supported by occupancy gains and a slower pace of competing deliveries.
2026 Atlanta forecast at a glance:
- Employment: about 19,000 new jobs, with office-using employment up about 4,500
- Construction: completions fall sharply versus 2025, inventory growth around 1.4%
- Vacancy: tightens to about 5.2% as in-migration continues and fewer units deliver
- Rent: average effective rent projected near $1,650 per month with improving growth
Atlanta Multifamily Loans (Over $6 Million)
For larger Atlanta apartment properties, we arrange multifamily loans over $6 million through Fannie Mae DUS, Freddie Mac, FHA/HUD and CMBS. These institutional programs offer non-recourse financing, up to 80% LTV and fixed terms up to 30 years, with even longer fully amortizing options through HUD.
See our Atlanta multifamily loans page for over-$6 million financing, or explore Fannie Mae and Freddie Mac agency programs.
Recent Apartment Loan Closings
A sample of apartment and multifamily loans we have arranged for investors nationwide.
Atlanta Apartment Loan Types We Serve
Whether you are purchasing or refinancing a Atlanta apartment building, we arrange financing for:
- Large urban high-rise apartment buildings
- Suburban garden apartment complexes
- Small apartment buildings with 5+ units
- Underlying cooperative apartment loans
- Portfolios of small apartment and single-family rental properties
- Other multifamily and mixed-use properties
We consider apartment loan requests of all sizes, beginning at $1,500,000.
Other Property & Loan Types We Finance in Atlanta
As a full-service commercial mortgage broker, we arrange Atlanta financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
Atlanta Neighborhoods We Serve
Select Commercial provides apartment loans throughout Atlanta, Georgia and the surrounding area, including:
- Ansley Park
- Atkins Park
- Atlantic Station
- Berkeley Park
- Blandtown
- Cabbagetown
- Candler Park
- Castleberry Hill
- Druid Hills
- East Atlanta
- East Lake
- Edgewood
- Grant Park
- Home Park
- Inman Park
- Kirkwood
- Old Fourth Ward
- Poncey-Highland
- Reynoldstown
- Virginia-Highland
For other cities in the state, see Georgia apartment loans.
Nearby Apartment Loan Markets
We finance apartment buildings nationwide. Explore related markets:
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 Atlanta Apartment Loan Quote
No cost, no obligation. Written answers within 48 hours on Atlanta 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