Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Fayetteville, Arkansas
Fayetteville Apartment Loans in 2026
Select Commercial specializes in Fayetteville apartment loan solutions for local investors, plus apartment building financing for larger properties and portfolios, with rates as low as 6.16% and up to 80% LTV. For properties elsewhere in the state, see our Arkansas apartment loans; for loans over $6 million, see Fayetteville multifamily loans. See current rates on every loan type we offer.
Get a Free QuoteFinancing Options in Fayetteville
Fayetteville apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing more of the state? See Arkansas apartment loans.
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
Fayetteville Apartment Loan Rates (Under $6 Million)
| 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 Fayetteville apartment loans
- Up to 80% LTV on apartment financing
- Terms and amortizations up to 30 years
- Purchase and refinance, including 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 Fayetteville Apartment Loan Programs
As a broker, we compare every program to find your best-fit Fayetteville apartment financing. Typical starting points for properties under $6 million:
| 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. For properties over $6 million, see our Fayetteville multifamily loans.
2026 Fayetteville Apartment Loan Market: Fast growth absorbing new supply
Fayetteville and the broader Northwest Arkansas market continue to draw strong in migration and job growth, though a wave of new apartments has pushed vacancy higher.
Employment
Northwest Arkansas employment grew about 2.2 percent over the twelve months through early 2026, among the strongest paces in the state.
Construction and supply
Developers delivered roughly 2,250 units in the year ending in early 2025, outpacing absorption and lifting vacancy.
Vacancy
Vacancy was about 8.9 percent in early 2025 as new supply outran demand.
Rent trend
Average apartment rent is about $1,445 per month, down roughly 1.1 percent year over year.
2026 Fayetteville forecast at a glance:
- Strong in migration continues
- New supply keeps vacancy elevated
- Rents soften modestly near term
- Job growth outpaces the state
Fayetteville Multifamily Loans (Over $6 Million)
For larger Fayetteville 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 Fayetteville 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.
Fayetteville Apartment Loan Types We Serve
Whether you are purchasing or refinancing a Fayetteville 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 Fayetteville
As a full-service commercial mortgage broker, we arrange Fayetteville financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
Fayetteville Neighborhoods We Serve
Select Commercial provides apartment loans throughout Fayetteville, Arkansas and the surrounding area, including:
- Wilson Park
- Mount Sequoyah
- Washington-Willow
- Walker Park
- Downtown
- Dickson Street
- Fayette Junction
- Ozark
- Sang Avenue
- Markham Hill
- Gulley Park
- Millsap
- Hillcrest
- Stonebridge Meadows
- Salem
- Lake Sequoyah
- Baldwin
For other cities in the state, see Arkansas 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 Fayetteville Apartment Loan Quote
No cost, no obligation. Written answers within 48 hours on Fayetteville 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