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Stabilized Multifamily Fannie Mae and Freddie Mac loans

3.25%+ Fixed | 10 Years | 30 Year Amortization | 2 Month Funding

Cash-out, refinance or purchase 


$3.5 Million to $100 Million+  

Origination: 1 or 2 points

Cash-out and refinance 80% of appraised value; if owned less than 12 months, finance lower of 80% of appraised value or purchase price + rehab + closing costs

Finance 80% of purchase price 

DSCR: 1.25x+



Borrower requirements:

(1) Must have been on title for 2+ years for similar sized & multifamily project(s) last 3 years 

(2) Net worth must equal loan amount (combined all key principals)

(3) Liquidity must equal 10% of loan amount (combined all key principals)

(4) 660+ credit

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

(6) Borrower: single asset LLC, Corporation or Partnership 

Occupancy requirements: 90% consecutive occupancy for last 90 days

Borrower may take surplus cash distributions from operating account anytime  

Prepay: Yield maintenance with no lockout, defeasance or fixed step-down schedules

Required third party reports: MAI appraisal, physical needs assessment and environmental phase I; seismic report may be required in seismic zones 3 and 4

Property location: 100,000+ population 

Required reserves: Tax, insurance, funded repairs and replacement escrows based on engineer’s physical needs assessment; may not be 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; streamlined rate lock option within 4 weeks of application 

No upfront fees. We are paid when your loan is funded at closing.

Eagle is a correspondent lender for largest FHA-HUD Commercial Lender in the USA. We close more than half of all FHA-HUD Commercial loans and rank in the top 10 for Fannie Mae and Freddie Mac.

To get started, please click blue Freddie Mae & Fannie Mae Link for your FREE PRE APPROVAL LOI within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your online loan request. No upfront fees, credit cards, Social Security Numbers or credit checks are required.



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