Skip to content

Fannie Mae and Freddie Mac Low Fixed Interest Rate Loans

Nationwide (100,000+ population with certain location restrictions; no restrictions with FHA-HUD)

Multifamily, mixed-use, mobile home parks, affordable, student, assisted living & skilled nursing care

No upfront fees for pricing loans 

No tax returns

No income verification

Term: 10 Years

30 Year Amortization   

SBL small balance program ($1.75 million to $9 million easier underwriting than larger loan programs 

Origination: varies with underwriting

Cash-out to 75% of appraised value @1.30 DSCR

Refinance 80% of appraised value @1.25 DSCR 

Finance to 80% of purchase price @1.25 DSCR



Borrower requirements:

(1) On title 2+ years for similar sized projects last 3 years 

(2) Liquidity: cover “cash to close” (combined all key principals)

(3) 660+ credit

(4) No bankruptcy, foreclosure or short sales last 3 years

(5) Borrower: single asset LLC, Corporation or Limited Partnership 

Occupancy: 90% consecutive occupancy last 90 days

No per door dollar value 

Borrower may take surplus cash distributions from operating account anytime  

Prepay: flexible options

Appraisal, physical needs assessment, environmental phase I, and seismic may be required in zones 3 and 4 

Required reserves: Taxes, insurance, funded repairs and replacement escrows based on engineer’s physical needs assessment; not required if LTV less than 65%.

Application fee: $15,000 for 3rd party reports, processing and underwriting costs

Legal fees: $8,000 to $12,000 

Rate lock: after commitment; rate lock option within 4 weeks of application 

Loans close in 4 to 6 weeks

Let’s close your next deal together!

To get started, please click blue Freddie Mac & Fannie Mae Link for your PRE-APPROVAL Term Sheet within 48 business hours for qualified borrowers.

No upfront fees, no tax returns, no income verification, credit cards, Social Security Numbers or credit checks required for PRE-APPROVAL.

Back To Top