FNMA Multifamily Loan Programs
(available via our correspondent DUS lenders)
Eligible Properties: All income producing, multifamily rental or cooperative properties with more than four units.Benefits:
Flexible financing terms (interest-only, balloon, fully
amortized)
Fixed or adjustable rates
Ability to get Wall Street pricing for individual transactions
Special underwriting and pricing terms
Interest rate buydowns
ARM products
Credit enhancement
| Loan Maturities: | 5, 7, 10, 15, 18, 25 or 30-year terms |
| Interest Rate: | Interest rates offered under a 4-tier structure |
| Third Party Reports: | Property condition and seismic report, environmental site assessment and MAI appraisal |