Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Little Rock, Arkansas
Little Rock Apartment Loans in 2026
Select Commercial specializes in Little Rock 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 Little Rock multifamily loans. See current rates on every loan type we offer.
Get a Free QuoteFinancing Options in Little Rock
Little Rock 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.
Little Rock 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 Little Rock 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 8, 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 Little Rock Apartment Loan Programs
As a broker, we compare every program to find your best-fit Little Rock 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 Little Rock multifamily loans.
2026 Little Rock Apartment Loan Market: Pipeline empties, market stabilizes
Little Rock enters 2026 with a materially tighter supply pipeline, supporting stabilization even as the market works through existing vacancy.
Employment
Central Arkansas supports about 395,000 nonfarm jobs, roughly flat year over year after setting a record late in 2025, with employment up about 1.1 percent over the prior twelve months.
Construction and supply
After about 574 units were completed in 2025, essentially no new completions are projected for 2026.
Vacancy
Occupancy is forecast to hold near 89.5 percent, putting vacancy around 10.5 percent.
Rent trend
Average effective rent was about $1,030 at the end of 2025 and is projected to rise roughly 0.8 percent to near $1,039.
2026 Little Rock forecast at a glance:
- No new completions expected in 2026
- Market absorbs existing vacancy
- Occupancy roughly flat
- Modest rent gains near 1 percent
Little Rock Multifamily Loans (Over $6 Million)
For larger Little Rock 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 Little Rock 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.
Little Rock Apartment Loan Types We Serve
Whether you are purchasing or refinancing a Little Rock 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 Little Rock
As a full-service commercial mortgage broker, we arrange Little Rock financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
Little Rock Neighborhoods We Serve
Select Commercial provides apartment loans throughout Little Rock, Arkansas and the surrounding area, including:
- Hillcrest
- Heights
- Capitol View
- Stifft Station
- Quapaw Quarter
- Riverdale
- Chenal Valley
- West Little Rock
- Pettaway
- Central High
- MacArthur Park
- Cammack Village
- Wakefield
- Broadmoor
- Otter Creek
- Briarwood
- Kanis
- Foxcroft
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 Little Rock Apartment Loan Quote
No cost, no obligation. Written answers within 48 hours on Little Rock 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