This program offers beneficial rates and terms on assets that qualify. This relatively new Freddie loan program is available for multifamily real estate in underserved areas that are affordable to families with low incomes. Freddie Mac Affordable Housing Loan Program Freddie SBL loans typically have a fixed rate period of 5 - 10 years, followed by a ARM (adjustable rate mortgage) for the duration of the loan. This program offers excellent terms to borrowers that qualify.
Freddie Mac SBL (Small Balance Loan) Programįreddie Mac's SBL program provides financing for loan amounts of $1 Million to $6 Million (Up to $7.5 Million in some markets). These Freddie loans are an especially good fit for borrowers seeking to hold their asset over the long term. This program is commonly used by both individual and institutional investors to finance their multifamily assets because of the favorable rates and terms. Freddie Mac's conventional multifamily loan program offers loans for market-rate multifamily properties for loan amounts larger than the SBL program.
0 kommentar(er)
