Permanent mortgage loan financing for newly constructed or recently renovated conventional and affordable multifamily apartment communities expected to achieve stabilized occupancy within 120 days.
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.
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.
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.
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.
Provides lower pricing, additional loan proceeds, and a free High Performance Building Report (energy and water audit) to finance smarter, greener property improvements.
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.
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.
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.
Sponsor-Dedicated Workforce (SDW) Housing provides better pricing and more flexible underwriting to incentivize the creation and preservation of units that are affordable.
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.