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Conventional: Apartment, Commercial, Owner Occupied

Classic Apartment Building Loans

Easy Doc Apartment Loans

DSC Crusher - CA Apartment Loans

Commercial Building Loans

Owner Occupied Commercial Loans

Small Balance - Stated Income Commercial Building Loans

FANNIE MAE

DUS Adjustable Rate Apartment Mortgage

DUS Discounted Mortgage Backed Security (DMBS)

Aparment Loan Forward Commitment - Conventional

Apartment Loan Forward Commitment -Affordable

Negotiated Transactions

Fixed or Variable Bond Credit Enhancement

Low-Income Housing Tax Credits (LIHTC)

FHA INSURED LOAN PROGRAM

Apartments: New Construction / Substantial Rehab
Section 220, 221(d)(4), and 221(d)(3)

Apartments: Acquisition or Refinance
Section 223(f)

Healthcare: Acquisition or Refinance
Section 232
Pursuant to 223(f)

Healthcare:New Construction / Substantial Rehab
Section 232

Healthcare:Alterations, Repairs or Improvements
Section 241

Streamline Refinance
Section 223(a)(7)

 

OTHER

Single Tenant Commercial Properties and
Owner User Commercial Properties

Apartment and Commercial Bridge Loans

Fannie Mae - Apartment Building Loan - Apartment Building Mortgage - Commercial Mortgage

Home > Income Property Loans > Fannie Mae Negotiated Transaction

Fannie Mae Negotiated Transaction

Negotiated financing for single-asset or pool transactions - refinance, acquisition and moderate rehabilitation of large loans or a portfolio of loans for garden, mid-rise and high-rise apartments, cooperative properties, seniors housing and assisted living properties.

More Information

Financing Options

  • Fixed rate and variable rate mortgages (including <link>Fannie Mae DMBS<link to DMBS description>)
  • Interest only balloon and fully amortizing mortgages
  • Bond credit enhancements
  • Revolving lines of credit
Structure
Loan Amount

minimum $50 million

Loan to Value

maximum 75%, higher may be acceptable with additional credit support

Debt Service Coverage

minimum 1.25x, lower may be acceptable with additional credit support

Loan Terms

5 to 30 years

Amortization

maximum 30 years, interest only option available

Recourse

nonrecourse except for standard carveout provisions

 

Optional Features
Subordinate Financing additional mortgage may be allowed upon approval
Assumability

unlimited assumptions allowed during life of loan

Prepayment
yield maintenance - other structures may also be available

 

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