Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Orlando, Florida
Orlando Apartment Loans in 2026
Select Commercial specializes in Orlando 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 Florida apartment loans; for loans over $6 million, see Orlando multifamily loans. See current rates on every loan type we offer.
Get a Free QuoteFinancing Options in Orlando
Orlando apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing more of the state? See Florida apartment loans.
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
Orlando 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 Orlando 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 10, 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 Orlando Apartment Loan Programs
As a broker, we compare every program to find your best-fit Orlando 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 Orlando multifamily loans.
2026 Orlando Apartment Loan Market: Investment Appeal Strengthens as Vacancy Tightens and Rent Growth Reemerges
Orlando enters 2026 with investment demand improving and market fundamentals moving in the right direction. For Orlando borrowers evaluating apartment building loans, the same drivers behind a stable Orlando apartment loan remain the focus, including employment growth, supply pressure, vacancy direction, and rent momentum.
Employment
Orlando is projected to add about 8,500 jobs in 2026, representing roughly +0.6% annual growth. While that is below the trailing decade average, it still supports renter demand and helps stabilize performance for Orlando apartment loan properties.
Construction and supply
Completions in 2026 are projected near 7,000 units, expanding inventory by about 2.4%. Even with ongoing deliveries, the market is expected to continue absorbing recent supply as demand improves and leasing pressure becomes more manageable.
Vacancy
Vacancy is forecast to fall another 30 bps in 2026 to about 4.8%, which would be the metro's lowest level since 2021. For investors structuring Orlando apartment building loans, tightening vacancy can support more stable underwriting assumptions.
Rent trend
With vacancy contracting, rent growth is expected to turn positive again in 2026. Average effective rent is projected near $1,750 per month, up about 1.2%. This supports a more balanced outlook for borrowers seeking an Orlando apartment loan tied to stabilized operations.
2026 Orlando forecast at a glance:
- Employment Growth: About 8,500 jobs added in 2026 (approximately +0.6%).
- Construction Trends: About 7,000 units projected for delivery, with inventory growth near 2.4%.
- Vacancy: Vacancy projected near 4.8%, improving by roughly 30 bps.
- Rent: Average effective rent projected near $1,750 per month, up about 1.2%.
Orlando Multifamily Loans (Over $6 Million)
For larger Orlando 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 Orlando 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.
Orlando Apartment Loan Types We Serve
Whether you are purchasing or refinancing a Orlando 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 Orlando
As a full-service commercial mortgage broker, we arrange Orlando financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
Orlando Neighborhoods We Serve
Select Commercial provides apartment loans throughout Orlando, Florida and the surrounding area, including:
- College Park
- Englewood Park
- Lake Frendrica
- Eagles Nest
- Rosemont North
- Metro West
- Richmond Heights
- Rosemont
- Holden-Parramore
- Camellia Gardens
- Florida Center
- Colonialtown North
- Lake Como
- Wadeview Park
- Lawsona-Fern Creek
- Clear Lake
- Lake Eola Heights
- North Orange
- Callahan
- Pineloch
For other cities in the state, see Florida apartment loans.
Nearby Apartment Loan Markets
We finance apartment buildings nationwide. Explore related markets:
Miami · Tampa · Fort Lauderdale · Jacksonville · All Florida · 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 Orlando Apartment Loan Quote
No cost, no obligation. Written answers within 48 hours on Orlando 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