Fixed & Floating Rate Fannie Mae Multifamily Lending Option for Small Apartment Loan Seekers

When
it comes to financing multifamily property including student housing, assisted living,
affordable housing and other healthcare facilities, mobile home parks and more,
if there is no issue with prepayments, 9 out of 10 times, Fannie Mae multifamily
lending offers the most competitive fixed rate and floating rate financing for
apartment and other multifamily properties.
Besides,
Fannie Mae multifamily lending is
the largest single source to get the finance for a wide variety of multifamily
properties including, high-rises, garden-style complexes, seniors housing,
manufactured housing or even cooperatives. It is best to call that Fannie Mae multifamily lending is the single
largest sources of capital to the multifamily housing market.
Why Fannie Mae Multifamily Lending Option
Was Designed?
- The Fannie Mae multifamily lending was designed for low cost execution, competitive pricing, reduced documentation and limited third party reports.
- The program offers borrowers’ unmatched performance and value
- Fannie Mae multifamily lending program comes with flexible terms and streamlined processing for apartment loan sizes up to $5 million.
Fannie Mae Multifamily Lending
Pricing Notes:
- $750,000 minimum loan size
- Rates assume loan size above $10,000,000 or for properties with fewer than 50 units, affordable housing and mobile home parks
- Pricing adjustments for loan sizes below $10,000,000 or for properties with 51 or more units
- Rates quoted assume most attractive rates available and assume: excellent property quality, strong sponsorship, experienced management and strong market conditioner/major MSA
- Non-resource
- Interest only available
- Open for prepayment with no penalty during last 3 months of the fixed term
- Interest calculated on actual/360 basis
- Rates are for conventional apartments only
- 75% maximum LTV for cash out refinances
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