Fannie Mae Apartment Loan & Multifamily Program

For larger multi-building apartment complexes, the Fannie Mae Program is a great option. This apartment loan program is best suited for an Investor with multiple properties under ownership where non-recourse is a requirement.

Whether an acquisition or a refinance of a multi-family apartment building, 1st Commercial Lending can provide the financing that bests suits your needs. The MultiFamily Fannie Mae program is structured to offer low interest rates and long term fixed options.

Program Highlights

Loan Amounts From $2M - $30 Million+

Up to 20% Commercial Space Allowed

80% Maximum LTV

Non-Recourse available

Low Interest Fixed Interest Rates

30 Year Amortizations Available

Guidelines:

Use of Proceeds

Real estate - Purchase, rate/term refinance and cash-out

Standard Loan Structure

Fixed Terms - 5, 7, 10, and 30 years
Amortizations - Up to 30 years
Stabalization - Must be at 90% occupancy for 90 days
Assumability - Loans are assumable for 1% fee

Geography:

$2M - $30 Million - All Major Markets

Borrower Net Worth Must Exceed Loan Amount

1st Commerical Lendings's financing solutions offers commercial property ownsers and investors the full scope of financing to meet their individual needs. Over the years, we have developed a streamlined approval process that offers our clients quick answers and speedy results.

Get started and complete our Commercial Loan Quick App Here and one of our experienced commercial loan advisors will contact you within 24 hours.

Commerical Financing & Loan Experts are available, Call Us: (800) 341-6199

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Recent Testimonial

1st Commercial Lending really came through for us when my sisters and I wanted to open our small business a few years ago. In a time when banking is so volatile, it was nice to know that someone was on our side to work with us in achieving a small business loan. Mike made the grueling process much simpler and fought for us and our goal.

The people at 1st Commercial are not afraid to roll up their sleeves and work hard to help you get the loan that you need."

Hilary Ross, "Barrel O Monkeys" Kids Gym - Delray Beach, FL