Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Concord, California
Concord Apartment Loans in 2026
Select Commercial specializes in Concord apartment loan solutions for local investors, plus apartment building financing for larger properties and portfolios, with rates as low as 5.74% and up to 80% LTV. For properties elsewhere in the state, see our California apartment loans; for loans over $6 million, see Concord multifamily loans. See current rates on every loan type we offer.
Get a Free QuoteFinancing Options in Concord
Concord apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing more of the state? See California apartment loans.
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
Concord Apartment Loan Rates
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.16% | Up to 80% |
| 7 Year Fixed | 6.14% | Up to 80% |
| 10 Year Fixed | 6.16% | Up to 80% |
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 5.76% | Up to 75% |
| 7 Year Fixed | 5.74% | Up to 75% |
| 10 Year Fixed | 5.76% | 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 12, 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 Concord Apartment Loan Programs
As a broker, we compare every program to find your best-fit Concord apartment financing. Typical starting points for properties under $6 million:
| Program | Typical rate* | Max leverage | Best for |
|---|---|---|---|
| Fannie Mae Small Loan | 6.16% | 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% | 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 Concord multifamily loans.
2026 Concord Apartment Loan Market: Concord Anchors a Tight, Supply Constrained East Bay Apartment Market
Concord sits within the East Bay, one of the more supply constrained corners of the San Francisco Bay Area, where limited new construction and steady demand have kept apartments occupied and rents rising. As a relative value alternative to pricier inner Bay Area cities, Concord continues to draw renters seeking transit access and lower costs. Metro figures cited here reflect the broader East Bay market, of which Concord is a part.
Employment
Employment across the East Bay held roughly steady over the past year, with total nonfarm jobs near 1.18 million in early 2026 and a metro unemployment rate around 4.6 percent, while education and health services posted the strongest gains at more than 4 percent. These figures reflect the wider East Bay division that includes Concord.
Construction and supply
New apartment supply in the East Bay remained tightly constrained, with only about 181 units delivered in the first quarter of 2026 against a total inventory near 41,500 units, keeping a lid on new competition for existing properties.
Vacancy
The East Bay apartment vacancy rate tightened to roughly 5.0 percent in early 2026, reflecting solid demand and a limited construction pipeline across the region that includes Concord.
Rent trend
Average asking rents across the East Bay reached about 2,605 dollars per unit, while the average apartment in Concord rented for roughly 2,300 to 2,400 dollars per month, with local rents up several percent so far in 2026 and running ahead of the prior year's pace.
2026 Concord forecast at a glance:
- A limited construction pipeline should keep East Bay vacancy low and support landlords through 2026
- Concord's relative affordability versus inner Bay Area cities should continue to attract renters
- Rent growth is expected to hold in the low single digits as demand stays firm
- Transit access and value pricing position Concord to outperform pricier neighboring submarkets
Concord Multifamily Loans (Over $6 Million)
For larger Concord 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 Concord 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.
Concord Apartment Loan Types We Serve
Whether you are purchasing or refinancing a Concord 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 Concord
As a full-service commercial mortgage broker, we arrange Concord financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
Concord Neighborhoods We Serve
Select Commercial provides apartment loans throughout Concord, California and the surrounding area, including:
- Todos Santos
- Monument Corridor
- Ygnacio Valley
- Clayton Valley
- Dana Estates
- Sun Terrace
- Colony Park
- Bishop Estates
- Cambridge Park
- Holbrook Heights
- Meadow Homes
- West Concord
- Northgate
- Turtle Creek
- Canterbury Village
- The Crossings
- Limeridge
- Four Corners
For other cities in the state, see California apartment loans.
Nearby Apartment Loan Markets
We finance apartment buildings nationwide. Explore related markets:
Los Angeles · San Jose · Sacramento · Lancaster · Stockton · Long Beach · Oakland · Pasadena · Riverside · San Bernardino · San Diego · San Francisco · Fresno · All California · Other U.S. cities
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 Concord Apartment Loan Quote
No cost, no obligation. Written answers within 48 hours on Concord 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