Fannie Mae and Freddie Mac Small Balance Loan Criteria

Program Highlights

  • $750,000 to $7,500,000 (acquisitions and refinances)
  • 5, 7, 10 12, 15 and 30 year fixed rate term - Fannie
  •  20 Year Hybrid ARM with initial 5, 7, 10 Year Fixed - Freddie
  • Up to 30-year amortizations
  • Up to 80% LTV in Top and Standard Markets. 70% Small and Very Small Markets (75% for acquisitions)
  • Partial interest only; full-term interest only may be available
  • Multifamily housing with five residential units or more, including conventional housing with tax abatements and Section 8 vouchers and properties with space for certain commercial (non-residential) uses.
  • Flexible prepayment options
  • Non-recourse
  • Cash-out available
  • LIHTC/LURA/Affordable properties acceptable
  • Portfolio financing available

Initial Documents Needed for Pricing

  • Current detailed rent roll
  • The last 2 years of operating statements with Year-to-Date
  • Trailing 12-month operating statement
  • Purchase & Sale Agreement if applicable
  • Sponsor’s Personal Financial Statement with Schedule of Real Estate Owned

CONTACT US

Commercial Capital Funding Solutions, LLC

OUR OFFICES

14735 Calusa Palms Drive #204
Fort Myers
FL 33919

21031 Ventura Blvd., Suite 415
Los Angeles
CA 91364