Updated: Aug 2, 2020
Highest proceed with lowest interest rate.
Loan Amount: $1 million minimum, $7.5 million maximum
Loan Uses: Acquisitions or refinances
Loan Terms: 20-year hybrid ARM with initial 5, 7, or 10-year fixed-rate period, OR 5, 7, or 10-year fixed-rate loan
Amortization: Up to 30 years, partial interest-only options available, full-term interest-only options may also be available in certain circumstances.
Interest Rates: Vary, but lower for properties in Top and Standard Markets and higher for properties in Small and Very Small Markets
Eligible Properties: Multifamily: 5+ unit market-rate multifamily properties. For loans larger than $6 million, properties with more than 100 units must be approved by Freddie Mac.
Footnote: All loans are subject to credit approval. Interest rates are subject to change daily and without notice. Current interest rates shown our indicative of market conditions and individual qualifications and will vary upon your lock-in period, loan type, credit score, purpose and loan to value. Rate reference on August 2, 2020