Apartment Loan Leesville LA

Looking for information on Apartment Loan in Leesville? We have compiled a list of businesses and services around Leesville that should help you with your search. We hope this page helps you find Apartment Loan in Leesville.

Eustis Mortgage Corporation
(318) 238-1351
1806 North Pine Street
Deridder, LA
Vernon Abstract Co Inc
(337) 239-2092
304 East Courthouse Street
Leesville, LA
City Savings Bank Lsvl
(337) 392-8661
400 South 5th Street
Leesville, LA
Merchants & Farmers Bank & Trust CO
(337) 238-6334
1340 Boone Street
Mortgage Brokers

Fertitta Insurance Agency
(337) 238-2832
1400 South 5th Street
Leesville, LA
Fairway Independent Mortgage Corporation
(337) 239-1871
1402 South 5th Street
Mortgage Brokers

Stevens Insurance
(337) 239-0565
12286 Lake Charles Highway
Leesville, LA
Tower Loan
(337) 238-2868
1626 South 5th Street
Mortgage Brokers

Snowdenword Insurance Agency Inc
(337) 239-2000
333 North 6th Street
Leesville, LA
Merchants And Farmers Bank And Trust Co
(337) 239-6504
501 South 5th Street
Leesville, LA

What is an Apartment Loan?

Most people are familiar with home loans , since

most homeowners needed to borrow money in order to purchase their home.  Another type of real estate loan that is not as common is an apartment loan .  This is a loan that is used by real estate investors or property management firms to buy units in an apartment complex.

When someone uses an apartment loan to buy apartment units or condos , he or she typically rents out as many units as possible, using the rent to both pay back the loan and make money from the rental. The owner hopes that the value of the units will increase so that he or she is able to make a profit from the investment as well as collecting the monthly rent.

Apartment loans are often confused with mortgages , but the two have several large differences.  Mortgages are used to pay for both the home and the land upon which the home is built.  Apartment loans are strictly for the living units .  Someone who owns several units in a building does not own the land, but simply the units.  These units can then be rented out to tenants .


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