Multifamily Commercial Real Estate Loan

Fannie mae freddie mac loan programs gse financing has a variety of loan programs for market rate properties but also for specific multifamily property types and we have experts dedicated to those including affordable housing seniors housing cooperatives manufactured home communities and student housing.
Multifamily commercial real estate loan. Multifamily loans are used by investors to finance multifamily properties between two to four units or commercial residential properties of five units and up. This doesn t appear to be changing anytime soon as 2016 is expected to set a new record for multifamily mortgage origination volume. Available in arizona california colorado hawaii idaho nevada oregon texas utah and washington. Fixed interest rate for 3 5 7 or 10 years.
Acquisition or refinance of multifamily properties. Plus commercial loan originators are often incentivized by volume and therefore have very little motivation to pursue loans under 1 million as it may unnecessarily double triple or quadruple their workload it takes x5 loans for 500 000 to reach 1 million. Our delegated underwriting and servicing dus model is the premier financing platform in the multifamily market. These properties can include condos townhomes duplexes apartment buildings and portfolios of properties.
Commercial real estate cre refers to any income producing real estate that. Hunt real estate capital has a long and stellar track record of financing commercial real estate with a core focus on the multifamily sector. Although 500 000 is nothing to scoff at loans under 1 million for multifamily and other commercial real estate are overlooked because it costs a lender the same amount of money to originate a 500 000 loan as a 20 million loan. 2 million to 20 million.
For over 30 years fannie mae multifamily has been a reliable source of mortgage capital for the secondary mortgage market. Bank of america financing guaranteed by the sba may be right for your business. As a balance sheet and designated lender with fannie mae freddie mac and fha we bring deep expertise to every project along with the extensive multifamily financing capabilities of a top 10 u s. Homestreet commercial capital loans.
Sba 504 suitable for commercial real estate loans of 350 000 and above sba 7 a and sba express programs generally provide you with lower down payments and longer financing terms. Learn more about sba loans. Our dedicated team of commercial real estate cre professionals is here to serve your business.