504 Advisors

Multifamily Property
loans (fannie mae, freddie mac, fha)

We offer nationwide solutions for your multifamily finance needs, including Fannie Mae, Freddie Mac, FHA and Bridge loans, among many other flexible options.

The reliability and consistency of the agency multifamily financing programs allow our clients to achieve their financing goals no matter the market climate. Our diverse lender network and in-house expertise offers us the ability to customize financial terms under the Fannie Mae, Freddie Mac, FHA platforms and offer the most flexibility to the borrowers we work with.

Fannie Mae, Freddie Mac, FHA loan programs and offerings
• Multifamily & Affordable Housing Financing
• Cooperative Apartment Financing
• Green Financing
• LIHTC Project Financing
•  Manufactured Housing Communities Loans
• Military Housing Financing
• Seniors Housing Financing

Program Requirements:
• Loan Amount: $1,000,000 minimum
• Loan Term: Up to 30 years
• Amortization: Up to 30 years
• Maximum LTV: Up to 90%
• Fixed Rate: Yes
• Adjustable Rate: Available. Convertible and non-convertible options available
• Eligible Properties: Multifamily, minimum five units
• Eligible Borrower: Single Asset Entity
• Occupancy Requirement: 85% physical occupancy, 70% economic occupancy
• Tax & Insurance Escrows: Monthly deposits required
• Replacement Reserves: Underwritten at a minimum $250 per unit per annum
• Recourse: Non-recourse
• Commercial Space: Maximum 35% of net rentable area and maximum 20% of effective gross income
• Prepayment: Yield Maintenance and other declining prepayment options are available
• Assumable: Subject to approval and 1% fee

Multifamily Property
loans (fannie mae, freddie mac, fha)

We offer nationwide solutions for your multifamily finance needs, including Fannie Mae, Freddie Mac, FHA and Bridge loans, among many other flexible options.

The reliability and consistency of the agency multifamily financing programs allow our clients to achieve their financing goals no matter the market climate. Our diverse lender network and in-house expertise offers us the ability to customize financial terms under the Fannie Mae, Freddie Mac, FHA platforms and offer the most flexibility to the borrowers we work with.

Fannie Mae, Freddie Mac, FHA loan programs and offerings
• Multifamily & Affordable Housing Financing
• Cooperative Apartment Financing
• Green Financing
• LIHTC Project Financing
•  Manufactured Housing Communities Loans
• Military Housing Financing
• Seniors Housing Financing

Program Requirements:
• Loan Amount: $1,000,000 minimum
• Loan Term: Up to 30 years
• Amortization: Up to 30 years
• Maximum LTV: Up to 90%
• Fixed Rate: Yes
• Adjustable Rate: Available. Convertible and non-convertible options available
• Eligible Properties: Multifamily, minimum five units
• Eligible Borrower: Single Asset Entity
• Occupancy Requirement: 85% physical occupancy, 70% economic occupancy
• Tax & Insurance Escrows: Monthly deposits required
• Replacement Reserves: Underwritten at a minimum $250 per unit per annum
• Recourse: Non-recourse
• Commercial Space: Maximum 35% of net rentable area and maximum 20% of effective gross income
• Prepayment: Yield Maintenance and other declining prepayment options are available
• Assumable: Subject to approval and 1% fee

 

To qualify the borrowers must be engaged in:

1. Aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food.
2. Commercial food production, either directly or through contractual, lease, or service agreements.
3. Start-up or expand food supply chain activities including aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food

To qualify the borrowers must be engaged in:

1. Aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food.
2. Commercial food production, either directly or through contractual, lease, or service agreements.
3. Start-up or expand food supply chain activities including aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food