Freddie Mac Multifamily/Apartment Loans
Freddie Mac apartment/multifamily financing is one of Apartment Loan Store's lowest rate apartment loan programs. These loans are sold to Freddie Mac for securitization in mortgage pools on Wall Street. Freddie Mac’s multifamily loan program includes market rate, senior housing, student housing and affordable housing.
Freddie Mac Apartment Loan Terms and Requirements
| Minimum Loan $1,000,000 | Minimum Credit Score 660 |
| Up to 80% Loan to Value | Net Worth equal to loan size |
| 30 year amortization | 9 – 12 months post closing liquidity required |
| 5,7 and 10 year fixed rates | No replacement reserves |
| Converts to an ARM | Non-recourse |
| Interest Only for 1 – 10 years | Tax Returns not required |
| Assumable | Step down prepayment available |
| 90% occupancy for 90 days | DSCR: 1.20 – 1.25 |
Freddie Mac Multifamily Financing has some of the lowest rates for 5-plus unit multifamily properties. Loans go up to 80% LTV. Rates can be fixed from 5 to 10 years with a 30 year amortization. Up to 10 years interest only payments are available. These loans are stated income in nature and non-recourse.
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For Freddie Mac Multifamily Interest Rates please go here:
