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3% to 4.25% Fixed | 35 Years

FNMA and Freddie Mac Multifamily Loans

Fully amortizing & interest only option

$5 Million to $100 Million+ 

Nationwide

Refinance and cash-out up to 80% of appraised value 

Finance lower of 80% of purchase price plus rehab plus 3% closing costs or appraised value

Non-recourse 

DSCR: 1.25x+ 

Prepay:Yield maintenance until securitized followed by 2 year lockout; defeasance thereafter. If not securitized, yield maintenance (without defeasance for additional cost). 

MAI Appraisal, Physical Needs Assessment & Environmental Phase I; Seismic Report in Zones 3 & 4

Tax, insurance, funded repair & replacement escrows 

Lender application: $15,000 for 3rd party reports, processing & underwriting 

Freddie MAC Application Fee: $2,000 or 0.1% of loan amount

Origination Fee: Competitive

Legal: $8,000 to $12,000  

Loans close 8 weeks after we receive loan docs 

Assumable with approved replacement borrower; 1% assumption fee includes $5,000 for underwriting 

Let’s Move your project forward…

Please click blue Freddie MAC & FNMA Loan Link for FREE PRE APPROVAL LOI within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 3 MINUTES TO GET STARTED NOW. No upfront fees, credit cards, Social Security Numbers or credit checks are required.

 

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