Fannie Mae

Permanent loan programs with availability of capital for moderate rehab.

Property Types:

Market Rate Apartments

Student Housing

Affordable Housing Apartments

Manufactured Housing

Assisted Living Facilities

Independent Living Facilities

Senior Housing Apartments

General Terms:

5, 7 and 10 Year Terms (25 - 30 Year Amortizations, Balloon Maturities)

Non-Recourse

Low Fixed and Floating Interest Rates

75 - 80% Leverage

1.20 - 1.25 Minimum DSCR 

Assumable

Quick Execution (60 - 90 Day Process)