Resources

Multifamily Rate Sheet

Supplemental Loan for Multifamily + Healthcare Properties

Flexible 5- to 10-year balance sheet financing | Smooth transition to permanent Agency takeout.

NewPoint Real Estate Capital facilitates preferred equity investments through a partnership referral program.

NewPoint Impact provides financing for the new construction or acquisition/rehabilitation of affordable rental housing, while Fannie Mae writes an unfunded forward commitment to provide the permanent financing pursuant to its M.TEB program.

NewPoint Impact provides financing for the new construction or acquisition/rehabilitation of an affordable rental housing project and rate locks an FHA 223(f) refinancing at the close of construction.

NewPoint Impact provides 4% Tax-Exempt Bond Financing for the new construction or acquisition/rehabilitation and permanent financing of affordable rental housing in conjunction with the 4% LIHTC program.

Provides lower pricing to finance affordable properties with health-promoting design and operational features. Health-promoting design and operational features include playgrounds, fitness equipment, tobacco-free environments, green spaces, and more

Provides lower pricing to finance affordable properties with enhanced resident services that improve the health and stability of their residents. Enhanced Resident Services include health and wellness services, work and financial capability support, and more.

Customized lending solution providing interim financing for the acquisition, rehab or stabilization of multifamily.

Provides lower pricing, additional loan proceeds, and a free High Performance Building Report (energy and water audit) to finance smarter, greener property improvements.

Refinance or Acquisition of Multifamily Properties

Can be used as collateral to credit enhance either existing fixed-rate bond refundings or new fixed-rate bond issues in conjunction with 4% Low-Income Housing Tax Credits (LIHTC).

Offers an unfunded forward commitment to issue an MBS upon completion of construction and conversion to a permanent mortgage loan for multifamily affordable properties.

Permanent mortgage loan financing for Multifamily Affordable Housing (MAH) Properties in need of renovations, eliminating the need for a construction loan.

Manage interest rate risk, while keeping flexibility and speed to rate lock in mind. SRL is available on all fixed-rate loans for the acquisition or refinance of multifamily properties.

Flexible, streamlined financing solution and certainty of execution for the acquisition or refinance of multifamily housing properties.

Eliminates interest rate risk early in the mortgage approval process.

Allows borrowers to lock in a rate and fund a loan before the collateral is fully stabilized.

Offers flexible, multiple terms for a variety of housing property types — independent living properties, assisted living properties, memory care properties and senior properties with a limited amount of skilled nursing.

Offers a 7-year variable-rate financing option with an embedded cap and an option to convert to fixed-rate.

Additional financing placed at least 12 months after origination of the first loan or the most recent prior supplemental loan gives borrowers access to additional capital at a cost lower than refinancing.

Fannie Mae Multifamily provides flexible fixed-rate options for the acquisition or refinance of multifamily properties.

New Construction or Substantial Rehabilitation of Multifamily Properties

Offers a 30 year Mortgage Loan, comprised of an initial term where interest accrues at a fixed rate, after which it automatically converts to accrue interest at an adjustable rate for the remaining term.

Refinance or Acquisition of Healthcare/Seniors Housing Facilities

Credit enhancement for tax-exempt bonds issued to finance the acquisition, new construction, refinancing, or moderate to substantial rehabilitation of multifamily properties.

Provides financing options for manufactured housing communities where the Borrower owns the Manufactured Housing Community (MHC) sites and associated common amenities and infrastructure.

Financing options for properties that provide Independent Living (IL), Assisted Living (AL), Alzheimer’s/Dementia Care (ALZ), or any combination thereof.

Long term financing with a very competitive variable interest rate that is convertible to a fixed-rate for the acquisition or refinance of multifamily properties.

Payments during the first two years of the loan are floating-rate and interest-only and the following seven years of the loan are fixed rate.

Qualify for better pricing and higher proceeds when you reduce energy or water

Flexible financing, competitive pricing, certainty, and speed of execution, manufactured housing community (MHC) loans provide an affordable housing option for underserved populations, particularly in rural and non-metro areas across the country, where MHCs are an important, and sometimes only, source of affordable housing.

Offering long-term financing or refinancing solutions for stabilized rental properties with rent and income restrictions.

Ideal for borrowers who want customized financing for their more sizeable properties and/or portfolios.

Financing options for properties owned by a Cooperative Organization, which is a corporation or other legal entity where each shareholder or equity owner is granted the right to occupy a unit in a multifamily residential property under a proprietary lease or occupancy agreement.

Highly flexible, nonrecourse, 5-year interest-only real estate secured line of credit tailored to meet your specific needs, from short-term repositioning of transitional assets to portfolio acquisitions.

Three variable rate financing options for Multifamily Affordable Properties: the ARM 7/6™ Loan, the Structured ARM (SARM) Loan, and the ARM 5/5 Loan, each of which offers a fixed rate conversion feature.

Refinance of Healthcare/Seniors Housing and Multifamily Properties with Existing HUD-Insured Loans

y provides credit enhancement for variable-rate tax-exempt bonds issued to finance the acquisition, new construction, refinancing, or moderate to substantial rehabilitation of multifamily properties

New Construction or Substantial Rehabilitation of Healthcare/Seniors Housing Facilities

Offers an unfunded forward commitment to issue an MBS upon completion of construction and conversion to a permanent mortgage loan for multifamily affordable properties. The MBS as Collateral for Tax-exempt Bonds (M.TEB) execution is an available option for 4% LIHTC transactions.

Permanent mortgage loan financing for newly constructed or recently renovated conventional and affordable multifamily apartment communities expected to achieve stabilized occupancy within 120 days.

Streamlined financing for fixed- and variable-rate mortgage loans up to $6 million nationwide.

Financing options for Student housing properties where greater than 40% of the units are leased to undergraduate or graduate students.

Ideal for borrowers who want to take advantage of lower, short-term rates with prepayment flexibility.

Offers a variety of lock options including standard delivery, early rate-lock and Index Lock.

Provides the capital needed to renovate your property at the lowest cost possible. During renovation, the loan can be an interest-only floating-rate debt, and loan proceeds are advanced monthly as requested rather than accruing interest on unused funds.

Variable-rate financing option with an embedded cap and an option to extend for an additional 5-year term or convert to fixed-rate.

We offer extensive experience with this product type and can customize loans to fit your needs.

Flexible financing tool that allows borrowers to manage debt across their entire multifamily portfolio.

Offers short-term, cost-effective financing for modest property upgrades. (For more extensive rehabilitation projects, look into our Moderate Rehab loan product.)

Here’s a snapshot of what’s happening.

NewPoint offers attractive short-term financing solutions for the acquisition or refinance of Build-to-Rent (BTR) communities.

Here’s a snapshot of what’s happening.

Sponsor-Dedicated Workforce (SDW) Housing provides better pricing and more flexible underwriting to incentivize the creation and preservation of units that are affordable.

Here's a snapshot of what's happening.

Fannie Mae Multifamily offers Sponsor-Initiated Affordability (SIA), a product initiative that provides better pricing and underwriting flexibility to incentivize the voluntary creation or preservation of units.