Best Multifamily Bank Lenders 2026: Apartment Loan Books Ranked

The BestCRE ranking compares loans secured by multifamily residential properties with five or more units. It covers 50 banks and is based on FDIC Call Reports as of June 30, 2026. Together, the banks in the table hold $405.2 billion in multifamily loans and $1.36 trillion in total commercial real estate loans. Their other reported CRE balances include $174.5 billion in construction and land loans, $277.2 billion in owner occupied loans and $500.4 billion in investor nonfarm nonresidential loans. These figures place each apartment loan book within the broader size and composition of the bank’s CRE exposure.

The ranking is a starting point for identifying banks with demonstrated multifamily holdings, not a statement about current loan availability or terms. A large balance can indicate appetite and capacity to hold apartment loans, while portfolio mix shows where a bank has been most active. Year over year CRE change helps identify banks adding or reducing balances. CRE share of loans and investor CRE to equity provide concentration context that may affect selectivity. Bank lending remains relationship driven and local, so borrowers should assess geographic fit and compare several institutions even when a bank ranks highly by national multifamily balance.

Banks ranked by multifamily loans

Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record.

JPMorgan Chase Bank, N.A. leads by a wide margin with $107.3 billion in multifamily loans, compared with $26.9 billion at Flagstar Bank, N.A. and $26.5 billion at Wells Fargo Bank, N.A. The table also shows very different portfolio mixes. Multifamily represents most of Flagstar’s $35.3 billion CRE book, while Wells Fargo combines its apartment balance with $64.8 billion of investor nonfarm nonresidential loans. Growth varies sharply. Pinnacle Bank reports a +123.7% year over year CRE change, while Flagstar reports -17.5%. Concentration also differs. Bank of America, N.A. reports investor CRE to equity of 0.23x, while United Fidelity Bank, fsb reports 4.80x. Those ratios are low and high, respectively, relative to other banks in the table. A high multifamily rank therefore does not by itself describe the scale, direction or concentration of the full CRE portfolio.

Use balance, mix and growth together when selecting banks

Start with the multifamily balance to identify banks that already hold substantial apartment debt. JPMorgan Chase Bank, N.A. reports $107.3 billion, while PNC Bank, N.A. reports $15.0 billion and U.S. Bank, N.A. reports $14.5 billion. Size can indicate appetite and hold capacity, but it does not establish whether a bank is pursuing a particular property, market or borrower at the time of inquiry.

Next, compare the apartment balance with total CRE loans, year over year CRE change and headquarters. Growth can show which institutions are adding loans across their CRE books. Headquarters provides geographic context, although it does not establish branch coverage or lending territory. Because bank lending is relationship driven and local, borrowers should use the ranking to form a call list, then confirm current interest directly with each institution.

Portfolio mix and concentration reveal different areas of activity

The component balances show where each bank’s reported CRE exposure sits. Mechanics Bank holds $5.1 billion in multifamily loans within a $7.5 billion CRE book. By contrast, Bank of America, N.A. holds $8.5 billion in multifamily loans within $79.9 billion of total CRE loans, including $37.1 billion of investor nonfarm nonresidential loans. The same apartment balance can therefore carry very different importance within different institutions.

Concentration measures add another dimension. Provident Bank reports CRE equal to 73.2% of loans and investor CRE to equity of 3.64x. Citibank, N.A. reports CRE equal to 3.4% of loans and investor CRE to equity of 0.15x. These figures are high and low, respectively, relative to other banks in the table. Greater concentration can signal that a bank will be selective, while a lower ratio shows that investor CRE occupies less of its reported capital base.

Borrowers should compare bank and nonbank capital sources

The table includes nationally significant institutions and banks headquartered across several states. A headquarters location can help frame an initial search, but the FDIC data presented here does not identify local branches or define lending territories. Borrowers considering an out of state bank should confirm whether it has a relevant local presence and whether the property fits its current geographic coverage.

Nonbank alternatives include debt funds, life companies, CMBS lenders, agency lenders and SBA lenders. These sources do not appear in bank call reports, so this ranking cannot compare their activity with the $405.2 billion of multifamily loans held by the listed banks. Agency loans sold to Fannie Mae and Freddie Mac are also excluded. Comparing several bank and nonbank sources gives borrowers a broader view of available capital and reduces reliance on any single balance sheet or lending channel.

Frequently Asked Questions

What counts as a multifamily loan in this ranking?

Multifamily means a bank loan secured by an apartment property with five or more units and held on the bank’s balance sheet. The category does not include every form of apartment finance. In particular, agency loans sold to Fannie Mae and Freddie Mac are not included in the reported balance. The ranking therefore measures retained bank exposure rather than total multifamily originations or the full financing market. As of June 30, 2026, the 50 listed banks reported a combined $405.2 billion of these multifamily loans.

Where does the bank lending data come from?

BestCRE uses FDIC Call Reports, formally called Reports of Condition and Income, including schedule RC-C, together with the FDIC Summary of Deposits 2026. The balance sheet figures are as of June 30, 2026. The source provides standardized categories for multifamily, construction and land, owner occupied, and investor nonfarm nonresidential loans. It also supports comparisons of total CRE exposure, annual change and concentration. Across all 4,167 banks, reported CRE loans total $3.07 trillion, while the 50 banks in this ranking account for $1.36 trillion.

Does a large multifamily balance mean a bank originated that amount this year?

No. The ranking shows loans held on bank balance sheets as of June 30, 2026, not annual originations, commitments or applications. A bank can add new loans while receiving repayments or selling other assets, so the ending balance should not be read as production volume. The year over year CRE change applies to the broader CRE book rather than multifamily alone. For example, Columbia Bank reports $10.3 billion in multifamily loans and a +36.5% year over year change in total CRE loans. Those figures describe balance and portfolio movement, not annual apartment originations.

Why can a leading multifamily bank rank lower in total CRE loans?

Banks hold different combinations of apartment, construction, owner occupied and investor nonfarm nonresidential loans. Flagstar Bank, N.A. ranks second in multifamily loans with $26.9 billion but has a national total CRE rank of 10 and $35.3 billion of total CRE loans. Wells Fargo Bank, N.A. ranks third in multifamily with $26.5 billion and has a national total CRE rank of 2, supported by a broader $121.6 billion CRE book. The distinction helps borrowers separate apartment specialization from overall commercial real estate scale.

What benchmark rates provide context for the 2026 ranking?

Benchmark rates as of Oct 26, 2026 were 7.00% for the Prime rate, 3.89% for SOFR, 4.78% for the 5 year Treasury, 4.96% for the 10 year Treasury and 3.88% for Fed funds. These benchmarks provide market context but are not bank loan quotes, and the call report data does not disclose borrower pricing, spreads or terms. The ranking remains a measure of balance sheet holdings as of June 30, 2026. Borrowers must contact lenders directly to compare current financing proposals.

More BestCRE lender rankings

CRE lenders by state

BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.