Both loans will amortize over 40 years and include two years. The property will consist of seven, four-story apartment buildings with elevator access and is located two miles from American Dream.

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Refinancing an investment property is a little different than refinancing a primary residence. Here's what you need to know before refinancing your investment.

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Home Loan Investments About the Company Arlington Asset Investment Corp. (AI) currently invests primarily in mortgage-related and other assets and intends to qualify to be taxed as a real estate investment trust.

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FHA multifamily has non-recourse, and assumable financing for both purchasing and refinancing of apartment buildings that are already existing for a minimum of 3 years since completion. The maximum loan is 85% LTV for a purchase, 85% for a rate and term refinance, and 80% for a cash out refinance.