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Multifamily Fannie Mae Loans
Fannie Mae offers non-recourse apartment financing in amounts between $1 million and $100 million, with fixed interest rates and LTVs up to 80%. These apartment loans have strict eligibility guidelines but are a great option for those who qualify.
- Sample Fannie Mae Terms For Apartment Loans in 2024
- Advantages
- Disadvantages
- Fannie Mae Military Multifamily Housing Loans
- Fannie Mae Student Housing Loans
- Fannie Mae Multifamily Affordable Housing Loans
- Fannie Mae DUS Loans
- Fannie Mae Small Multifamily Loans
- Fannie Mae Cooperative Apartment Loans
- Fannie Mae Multifamily Supplemental Loans
- Fannie Mae Near-Stabilization Execution Loans
- Fannie Mae Healthy Housing Rewards Loans
- Fannie Mae Multifamily ARM 7-4 Loans
- Fannie Mae Manufactured Housing Community Loans
- Fannie Mae Hybrid ARM Loans
- Fannie Mae Seniors Housing Loans
- Fannie Mae Moderate Rehabilitation Loans
- Fannie Mae Moderate Rehabilitation Supplemental Loans
- Fannie Mae Green Financing
- Fannie Mae Multifamily ARM 7-6 Loans
- Fannie Mae Multifamily Structured ARM Loans
- Fannie Mae Choice Refinancing
- Fannie Mae Rural Development Guaranteed Rural Rental Housing Program Loans
- Fannie Mae Reduced Occupancy Affordable Rehab (ROAR) Loans
- Fannie Mae Flexible Choice Bridge Loans
- Fannie Mae Moderate Rehabilitation Supplemental Loans for Affordable Properties
- Fannie Mae Affordable Housing Preservation Loans
- Fannie Mae Bulk Delivery Loans
- Fannie Mae MBS as Tax-Exempt Bond Collateral (M.TEB)
- Fannie Mae Credit Enhancement of Variable Rate Tax-Exempt Bonds
- Fannie Mae Credit Facility Financing
- Fannie Mae Standard FHA Risk Sharing Execution
- Fannie Mae Fixed-Rate Multifamily Loans
- Get Financing
When it comes to financing multifamily properties — including apartments, student housing, affordable housing, assisted living and other healthcare facilities, mobile home parks, and more — Fannie Mae typically offers competitive fixed rate and floating rate financing.
Getting a Fannie Mae apartment loan can be challenging, however, as the loans require very experienced multifamily borrowers with strong financials and adequate collateral. Still, investors purchasing their first multifamily property may qualify for this advantageous funding type.
Fannie Mae multifamily loans are particularly well suited for affordable housing financing, and can easily fund affordable housing rehabilitation — especially when paired with the LIHTC (Low-Income Housing Tax Credit) program. Fannie Mae financing is also a good choice for financing properties previously under HUD legacy programs that are being converted to Section 8 housing under the Rental Assistance Demonstration (RAD) program.
Sample Fannie Mae Terms For Apartment Loans in 2024
Size | From $1M to $100M |
Terms | 5-, 7-, 10-, and 12-year terms |
Amortization | 30 years |
Maximum LTV | 75% - 80% |
Minimum DSCR | 1.25x |
Recourse | Non-recourse with standard “bad boy” carve-outs |
Rate Lock | 30 to 90-day commitments. An early rate lock feature is available allowing the borrower to lock a rate 45 to 180 days in advance of closing. |
Prepayment Options | Yield maintenance and other graduated prepayment options are available. There is no prepayment premium if the loan is paid within the last 90 days of the loan term. |
Advantages
Highly competitive pricing.
Early rate lock.
Up to 80% LTV.
Non-recourse.
Selective of the properties they will finance.
Require financially strong borrowers.
- Sample Fannie Mae Terms For Apartment Loans in 2024
- Advantages
- Disadvantages
- Fannie Mae Military Multifamily Housing Loans
- Fannie Mae Student Housing Loans
- Fannie Mae Multifamily Affordable Housing Loans
- Fannie Mae DUS Loans
- Fannie Mae Small Multifamily Loans
- Fannie Mae Cooperative Apartment Loans
- Fannie Mae Multifamily Supplemental Loans
- Fannie Mae Near-Stabilization Execution Loans
- Fannie Mae Healthy Housing Rewards Loans
- Fannie Mae Multifamily ARM 7-4 Loans
- Fannie Mae Manufactured Housing Community Loans
- Fannie Mae Hybrid ARM Loans
- Fannie Mae Seniors Housing Loans
- Fannie Mae Moderate Rehabilitation Loans
- Fannie Mae Moderate Rehabilitation Supplemental Loans
- Fannie Mae Green Financing
- Fannie Mae Multifamily ARM 7-6 Loans
- Fannie Mae Multifamily Structured ARM Loans
- Fannie Mae Choice Refinancing
- Fannie Mae Rural Development Guaranteed Rural Rental Housing Program Loans
- Fannie Mae Reduced Occupancy Affordable Rehab (ROAR) Loans
- Fannie Mae Flexible Choice Bridge Loans
- Fannie Mae Moderate Rehabilitation Supplemental Loans for Affordable Properties
- Fannie Mae Affordable Housing Preservation Loans
- Fannie Mae Bulk Delivery Loans
- Fannie Mae MBS as Tax-Exempt Bond Collateral (M.TEB)
- Fannie Mae Credit Enhancement of Variable Rate Tax-Exempt Bonds
- Fannie Mae Credit Facility Financing
- Fannie Mae Standard FHA Risk Sharing Execution
- Fannie Mae Fixed-Rate Multifamily Loans
- Get Financing
Disadvantages
Fannie Mae Military Multifamily Housing Loans
If you're an investor considering acquiring a multifamily property near a military base, or a multifamily property with a 20% or higher concentration of military tenants, a Fannie Mae Military Housing Loan could be a fantastic option. Like other forms of Fannie Mae multifamily financing, these loans start at $1 million and offer a 75% LTV allowance-- making them a great choice for acquiring housing intended for service members and their families.
Learn more about Fannie Mae Military Housing Loans.
Fannie Mae Student Housing Loans
At colleges and universities across America, student housing is in high demand-- and if you're an investor looking to capitalize on that demand, a Fannie Mae Student Housing Loan could be the perfect choice. Designed for properties with an 80% of higher concentration of undergraduate students, Fannie Mae Student Housing Loans begin at $1 million and have a LTV allowance of 75%.
Click the link below to learn more, or simply click here to download our easy-to-read Fannie Mae Student Housing Loan term sheet.
Learn more about Fannie Mae Student Housing Loans.
Fannie Mae Multifamily Affordable Housing Loans
Across the country, housing prices are on the rise-- and many families are struggling to keep up with the increasing costs. Savvy investors and developers are noticing this trend-- and are responding by increasing the amount of affordable housing available on the market, and many are doing so with Fannie Mae Multifamily Affordable Housing Loans. Fannie Mae Multifamily Affordable Housing Loans begin at $750,000- $1 million and allow maximum LTVs of between 80-90%, making them an incredible attractive option for investors.
Learn more about Fannie Mae Affordable Housing Loans.
Fannie Mae DUS Loans
The Fannie Mae Standard Multifamily Loan, also known as the Fannie Mae DUS loan, is perhaps the most popular type of multifamily financing on the market-- and, with the myriad amount of options this loan provides, it's not hard to see why. Unlike some other kinds of Fannie Mae loans, Fannie Mae DUS loans allow for cash-out refinancing, and have both fixed rate, variable rate, and interest-only options available. Fannie Mae Standard loans begin at $3 million, and have a maximum LTV allowance of 80%.
Click the link below to learn more, or simply click here to download our easy-to-read Fannie Mae DUS loan term sheet.
Learn more about Fannie Mae DUS Loans.
Fannie Mae Small Multifamily Loans
While the Fannie Mae Standard Multifamily Loan may be the most popular type of financing for acquiring multifamily properties, it might not be the best option for those looking to invest in smaller projects. In comparison, Fannie Mae Multifamily Small Loans, with a minimum loan amount of $1 million, are specifically designed to finance smaller multifamily investments. Just like the Fannie Mae Multifamily Standard Loan, the Fannie Mae Small Loan offers fixed and variable rate loan terms of up to 30 years and an up to 80% LTV allowance.
Click the link below to learn more, or simply click here to download our easy-to-read Fannie Mae Small Loan term sheet.
Learn more about Fannie Mae Small Loans.
Fannie Mae Cooperative Apartment Loans
Cooperative apartment properties, in which each tenant owns shares in the building itself, can be particularly challenging to finance. Fortunately, Fannie Mae has a solution in the form of the Fannie Mae Cooperative Apartment Loan. Like other members of the Fannie Mae Loan family, the Fannie Mae Cooperative Apartment Loan offers fixed- and variable-rate loan terms of up to 30 years, but, due to the higher risk of cooperative apartments, has a somewhat lower maximum LTV allowance of 55%.
Learn more about Fannie Mae loans for cooperatives.
Fannie Mae Multifamily Supplemental Loans
If you're an investor, a Fannie Mae loan can be an effective way to finance an apartment building or multifamily development. However, many investor/developers realize they need additional funds to make necessary improvements to their property. Fortunately, the Fannie Mae Supplemental Loan is specifically designed to provide additional financing for Fannie Mae multifamily borrowers who want extra funding for their development. Plus, borrowers don't have to wait long, as they’re eligible for supplemental funding in as little as 12 months after the closing of their original Fannie Mae multifamily loan. Fannie Mae Supplemental Loans have a minimum loan amount of $500,000 and a maximum LTV allowance of 75%.
Learn more about Fannie Mae Supplemental Loans.
Fannie Mae Near-Stabilization Execution Loans
If you've recently built or renovated a multifamily property, and are looking for a source of low-rate, non-recourse permanent financing to get you through the property's lease-up period, look no further than the Fannie Mae Near-Stabilization Execution Loan. Designed for newly constructed or recently renovated properties that are expected to achieve stabilized occupancy within 120 days, the Near-Stabilization Execution Loan has a minimum loan amount of $10 million and a maximum LTV allowance of 75%.
Learn more about Fannie Mae Near-Stabilization Loans.
Fannie Mae Healthy Housing Rewards Loans
If you're an investor or developer interested in building or acquiring affordable multifamily properties, Fannie Mae's Healthy Housing Rewards program could be an excellent way to reduce your costs. The program includes two options; Healthy Design and Enhanced Resident Services. Healthy Design rewards owners who provide health and wellness and work support services to their tenants, while Enhanced Resident Services rewards owners who include healthy property features like fitness centers, playgrounds, and tobacco-free zones. Both programs include benefits such as reduced interest rates and greater flexibility in underwriting. There is no maximum or minimum loan amount with this program, and LTV allowance varies by specific loan type.
Learn more about Healthy Housing Rewards Loans.
Fannie Mae Multifamily ARM 7-4 Loans
If you're an investor searching for a flexible, shorter-term financing solution for your multifamily property, the Fannie Mae ARM 7-4 could be the ideal solution. Since it allows for the conversion to fixed-rate financing anytime between the first day of the second year and the first day of the sixth year of the loan, the ARM 7-4 is perfectly positioned to help investors through the first few years of ownership. The Fannie Mae DUS ARM 7-4 has a term of 7 years and an interest-rate cap of 4% (not including certain fees.) Plus, the ARM 7-4 has a minimum loan amount of just $1 million and an LTV allowance of 80% (75% for cash-out refinancing).
Learn more about Fannie Mae ARM 7-4 Loans.
Fannie Mae Manufactured Housing Community Loans
Finding a good source of affordable financing for manufactured housing communities can often be a challenge-- but a Fannie Mae Manufactured Housing Community Loan could be the solution you're looking for. With a minimum loan amount of $3 million, and an LTV allowance of up to 80% (75% for refinances), Fannie Mae Manufactured Housing Community Loans offer the versatility and flexibility that many manufactured housing community operators crave. Plus, just like many other Fannie Mae multifamily loans, these loans are non-recourse and are fully assumable (with lender approval and a 1% fee.)
Learn more about Fannie Mae Manufactured Housing Loans.
Fannie Mae Hybrid ARM Loans
If you're a multifamily developer or investor looking for a hybrid ARM financing for your property, a Fannie Mae Hybrid ARM Loan might be the perfect solution. Fannie Mae Hybrid ARM Loans offer 30 year terms, with 5, 7, and 10-year fixed rate periods, after which the loan converts to an adjustable rate based on the 6-month LIBOR rate. Fannie Mae Hybrid ARMs are non-recourse and fully assumable with lender approval. And, unlike many other kinds of Fannie Mae loans, Hybrid ARMs don't have hefty application and underwriting fees.
Learn more about Fannie Mae Hybrid ARM Loans.
Fannie Mae Seniors Housing Loans
With 10,000 Americans reaching retirement age every day, there's never been more of a demand for high quality senior housing options. Fortunately, if you're an investor or developer interested in acquiring a senior housing development, the Fannie Mae Seniors Housing Loan can be a highly cost-effective way to do so. With loan terms and amortizations up to 30 years, and fixed and variable-rate interest options, Fannie Mae Seniors Housing loans have enough flexibility to finance almost any large independent living, assisted living, or Alzheimer's/Dementia care facility. These loans start at a minimum of $5 million, have a maximum LTV allowance of 80%, and are fully assumable (with a 1% fee and lender/Fannie Mae approval.)
Click the link below to learn more, or simply click here to download our easy-to-read Fannie Mae Seniors Housing Loan term sheet.
Learn more about Fannie Mae Seniors Housing Loans.
Fannie Mae Moderate Rehabilitation Loans
If you're an investor or developer who owns or is thinking about purchasing a multifamily property in need of moderate rehabilitation, the Fannie Mae Moderate Rehabilitation Loan could be a great fit for your needs. Fannie Mae Moderate Rehabilitation Loans begin at $10 million and offer LTV allowances of up to 80%. Plus, these loans have flexible terms between five and 30 years and amortizations of up to 30 years, are non-recourse, and are fully assumable with lender approval.
Learn more about Fannie Mae Moderate Rehab Loans.
Fannie Mae Moderate Rehabilitation Supplemental Loans
A Fannie Mae Moderate Rehabilitation Loan can be a highly effective way to finance a multifamily property renovation. However, many investor/developers realize they need more funds to make further property improvements. Fortunately, Fannie Mae Moderate Rehabilitation Supplemental Loan can provide additional funds to continue the renovation of a multifamily property. These loans offer terms and amortizations of between 5 and 30 years (though they must end at the same time as the original moderate rehab loan). Plus, Fannie Mae Moderate Rehabilitation Supplemental Loans have combined LTV allowances of 75% and are fully assumable with lender approval.
Learn more about Fannie Mae Moderate Rehab Supplemental Loans.
Fannie Mae Green Financing
What if you could save money on your Fannie Mae multifamily loan while supporting the environment? Well, with Fannie Mae's Green Financing programs, you can. These programs include the Green Rewards program, which allows 5% more in loan proceeds in order to make green improvements, the Green Preservation Plus program, which permits higher LTV allowances and lower DSCR requirements for affordable properties that are making green improvements, and the Green Building Certification Pricing Break program, which provides a 0.10% interest rate discount to borrowers using a Fannie Mae loan to purchase or refinancing a building with an up-to-date Green Building Certification. In fact, all three programs qualify for the 0.10% interest rate discount, making Fannie Mae Green Financing increasingly popular for all kinds of Fannie Mae multifamily borrowers.
Click the link below to learn more, or simply click here to download our easy-to-read Fannie Mae Green Rewards term sheet.
Learn more about Fannie Mae Green Financing.
Fannie Mae Multifamily ARM 7-6 Loans
Multifamily investors looking for an adjustable-rate Fannie Mae loan may find that the Fannie Mae ARM 7-6 is an excellent choice. Compared to its sibling, the Fannie Mae ARM 7-4, the ARM 7-6 allows for a smaller minimum loan amount, with loans beginning at just $750,000. Just like the ARM 7-4, the ARM 7-6 has a loan term of 7 years, and a maximum LTV allowance of 80%. Plus, just like the ARM 7-4, the ARM 7-6 can be converted to a fixed-rate loan any time between the first day of the second year and the first day of the sixth year of the loan, giving the ARM 7-6 significant flexibility for multifamily investors interested in pursuing longer-term Fannie Mae financing.
Click the link below to learn more, or simply click here to download our easy-to-read Fannie Mae ARM 7-6 loan term sheet.
Learn more about Fannie Mae ARM 7-6 Loans.
Fannie Mae Multifamily Structured ARM Loans
If you're looking to finance a large multifamily property with an adjustable-rate mortgage, a Fannie Mae Structured ARM could be a great choice. Starting at a minimum loan amount of $25 million, these loans have an LTV allowance of up to 75% and a generous minimum DSCR of 1.00x at the maximum interest rate. Like many other kinds of Fannie Mae multifamily loans, Structured ARMs are non-recourse, and are fully assumable (subject to lender approval and a 1% fee.)
Learn more about Fannie Mae Structured ARM Loans.
Fannie Mae Choice Refinancing
If you currently have a Fannie Mae multifamily loan, and you're interested in refinancing, the Fannie Mae Choice Refinance program may be able to save you time and money. When compared to other Fannie Mae multifamily loans, the Choice Refinance requires very little documentation, meaning that it can close much faster and with fewer hassles for the borrower. Fannie Mae Choice Refinancing loans have a maximum LTV allowance of 80% (75% for cash-out refinances), a minimum DSCR of 1.25x, and no minimum loan amount. Plus, these loans are non-recourse and are fully assumable (with lender approval and a 1% fee.)
Learn more about Fannie Mae Choice Refinancing.
Fannie Mae Rural Development Guaranteed Rural Rental Housing Program Loans
Rural multifamily properties may be overlooked as an investment category-- but that doesn't mean that high quality housing isn't needed in rural areas. To help encourage rural multifamily investment, Fannie Mae and the USDA's Office of Rural Development (RD) have teamed up to provide the Fannie Mae Rural Development Guaranteed Rural Rental Housing Program Loan. With an LTV allowance of up to 90% (up to 97% for non-profits with Fannie Mae approval), and fixed-rate loan terms of up to 40 years, these loans can make purchasing, building, or rehabilitating rural multifamily properties an incredible investment for committed real estate investors and smart entrepreneurs.
Learn more about Guaranteed Rural Rental Housing Loans.
Fannie Mae Reduced Occupancy Affordable Rehab (ROAR) Loans
Investors who own Multifamily Affordable Housing (MAH) projects shouldn't have to turn to an expensive construction loan to renovate their property — and, with Fannie Mae's Reduced Occupancy Affordable Rehab (ROAR) loan program, they don't have to. The ROAR loan program permits properties to have as little as 50% occupancy and a 1.00x DSCR during rehab. Plus, the program has an incredibly generous 90% stabilized LTV allowance, a 1.15x stabilized DSCR allowance, and allows for up to $120,000 of renovations per unit, making it a fantastic deal for multifamily investors looking to upgrade their affordable property.
Learn more about Reduced Occupancy Affordable Rehab loans.
Fannie Mae Flexible Choice Bridge Loans
Fannie Mae's adjustable rate loan options can be a smart way to finance a multifamily property. However, these loans may not always be appropriate for for affordable multifamily properties. Fortunately, Fannie Mae's Flexible Choice Bridge program has released two new versions of traditional Fannie Mae ARMs: the ARM 7-6, and the Structured ARM, both specifically tailored to meet the needs of affordable property investors and developers. Just as with the traditional versions of these loans, the affordable ARM 7-6 and affordable Structured ARM both have a maximum LTV allowance of 80% and the option to convert to fixed rate financing. However, the affordable ARM 7-6 has no minimum loan amount, and the affordable Structured ARM has a minimum loan amount of just $5 million, making these loans significantly more flexible than their conventional counterparts.
Learn more about Fannie Mae Flexible Choice Bridge loans.
Fannie Mae Moderate Rehabilitation Supplemental Loans for Affordable Properties
Fannie Mae Moderate Rehabilitation Supplemental Loans are often a highly effective way to finance a property that has recently undergone a Fannie Mae-financed moderate rehabilitation. However, if the property you've recently rehabilitated is a Multifamily Affordable Housing (MAH) property, Fannie Mae offers another, potentially superior option: Fannie Mae Moderate Rehabilitation Supplemental Loans for Affordable Properties. This form of financing offers higher LTV allowances (up to 90% in some scenarios) and lower DSCR requirements (as little as 1.15x for some properties), than its conventional counterparts. However, just like traditional Fannie Mae Moderate Rehab Supplemental Loans, these loans are fully assumable with lender approval.
Learn more about moderate rehab supplemental loans for affordable properties.
Fannie Mae Affordable Housing Preservation Loans
If you're interested in purchasing a subsidized rental housing property, such as a property with expiring Low-Income Housing Tax Credits (LIHTC), a HUD Section 8 Housing Assistance Program (HAP) contract, or a property using another similar government housing subsidy program, the Fannie Mae Affordable Housing Preservation Loan could be a great fit. With terms from 5 to 30 years, amortizations up to 35 years, an 80% maximum LTV allowance, and fixed-rate and variable-rate options available, Fannie Mae gives investors a lot of reasons to keep their properties affordable for low-income tenants. Plus, like many other Fannie Mae loans, Affordable Housing Preservation Loans are fully non-recourse and fully assumable (with lender approval.)
Learn more about affordable housing preservation loans.
Fannie Mae Bulk Delivery Loans
If you're a large investor or developer looking to rapidly expand your portfolio of multifamily projects, Fannie Mae has a custom solution designed just for you; the Fannie Mae Bulk Delivery Loan. Intended specifically for investors who want at least $55 million in financing to purchase a group of multifamily properties, Bulk Delivery Loans offer terms of between 5 and 15 years and LTVs of up to 80% (depending on property type). Plus, these loans are non-recourse, and are fully assumable (as long as the borrower meets the terms of the Bulk Delivery loan agreement.)
Learn more about Fannie Mae Bulk Delivery loans.
Fannie Mae MBS as Tax-Exempt Bond Collateral (M.TEB)
When it comes to financing the rehabilitation of Multifamily Affordable Housing (MAH) properties, investors aren't limited to traditional Fannie Mae loans. And, for many, the Fannie Mae MBS as Tax-Exempt Bond Collateral (M.TEB) is becoming an increasingly attractive option. Available for properties with Low-Income Housing Tax Credits (LIHTCs), 80-20s (deals in which 20% of the property is set aside for low income residents), and the refunding of existing bonds, M.TEB execution allows LTVs of up to 90% and incredibly competitive interest rates.
Learn more about Fannie Mae M.TEB financing.
Fannie Mae Credit Enhancement of Variable Rate Tax-Exempt Bonds
If you're an investor or developer who wants to build, purchase, refinance or renovate affordable properties, Fannie Mae's Credit Enhancement of Variable Rate Tax-Exempt Bonds program could be an excellent choice. This program can help provide financing for Multifamily Affordable Housing (MAH) developments, Low-Income Housing Tax Credits (LIHTC) properties, and 80-20s (deals in which 20% of the property is set aside for low income residents). The program offers an up to 85% LTV allowance and amortizations of up to 35 years, giving it the flexibility to help meet the needs of a variety of different kinds of multifamily investors.
Learn more about Fannie Mae Credit-Enhanced Bond Financing.
Fannie Mae Credit Facility Financing
Investors interested in financing a portfolio of multifamily properties typically a high degree of financial flexibility, and Fannie Mae's Multifamily Credit Facility financing program may be able to provide it. Much like Fannie Mae Bulk Delivery loans, Fannie Mae Credit Facility financing starts at a minimum of $55 million, permits LTVs of up to 80%, and has 5-15 year fixed and variable-rate loan options, designed specifically for maturity laddering. However, unlike other Fannie Mae loans for groups of properties, Fannie Mae Credit Facility loans are both cross-collateralized and cross-defaulted, which increases flexibility (but also increases risk) for borrowers.
Learn more about Fannie Mae Credit Facility financing.
Fannie Mae Standard FHA Risk Sharing Execution
Fannie Mae provides a variety of options for the financing of Multifamily Affordable Housing (MAH) developments. However, Fannie Mae's Standard FHA Risk Sharing Execution is a particularly smart choice for increasing borrower leverage while reducing monthly debt service. Fannie Mae's Standard FHA Risk Sharing Execution allows LTVs of up to 90% "as stabilized", and flexible terms and amortizations up to 40 years. In addition, Standard FHA Risk Sharing Execution loans are non-recourse, and are fully assumable (with lender approval), making them a highly effective way for investors and developers to finance MAH properties without deploying excess capital.
Learn more about standard FHA risk-sharing execution.
Fannie Mae Fixed-Rate Multifamily Loans
Multifamily borrowers looking for one-size-fits-all fixed-rate financing don't need to look farther than Fannie Mae Fixed-Rate Loans for the funding they need. With flexible terms and amortizations between 5 and 30 years, LTV allowances up to 80% (for conventional properties), and highly competitive interest rates, Fannie Mae Fixed-Rate Multifamily Loans can finance property types including seniors housing, manufactured housing communities, Multifamily Affordable Housing (MAH) developments, student housing properties, and more. Plus, Fannie Mae Fixed-Rate Loans are mostly non-recourse, and are fully assumable with lender approval.
Click the link below to learn more, or click here to download our easy-to-understand Fannie Mae Fixed-Rate Loan term sheet.