Transcription of Small Loans Program - Fannie Mae
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Small Loans Program - Fannie Mae
2018 Fannie Mae. Trademarks of Fannie Mae. Multifamily Term sheet Page 1 of 2 loan Amount Up to $3 million nationwide Up to $5 million in certain eligible markets Term 5 - 30 years. Amortization Up to 30 years. Interest Rate Fixed- and variable-options available. Maximum LTV 80%. Minimum DSCR Supplemental Financing Supplemental Loans are available. Prepayment Availability Flexible prepayment options available, including yield maintenance and declining prepayment premium. Benefits Low cost of execution Competitive rates Delegated model provides lenders and borrowers speed of execution Team with experience and scale to support this unique market Single asset security allows the most flexibility in the market Extensive experience serving the Small loan market Streamlined third-party reports For More Information Contact a Fannie Mae representative or visit the Multifamily Small loan Business Portal for details.
© 2018 Fannie Mae. Trademarks of Fannie Mae. Page 2 of 2 Multifamily Term Sheet Rate Lock 30 -to 180 day commitments. Borrowers may lock a rate with the Streamlined ...
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