Commercial Real Estate Division

Fannie Mae Programs

Fannie Mae Multifamily Small Loan Program

The Fannie Mae Multifamily Small Loan program is designed for low cost execution, competitive pricing, reduced documentation, and limited third party reports. The Small Loan program offers borrowers unmatched performance and value, flexible terms and streamlined processing for apartment loan sizes up to $5 million.

  • Loans from $750,000 - $5,000,000

  • Up to 80% LTV

  • Up to 100% CLTV is possible with Joint Venture

Fannie Mae Apartment Loan Program

Fannie Mae's standard multifamily loan program is for loan size above $3 million - with no maximum loan size. More individual and institutional investors turn to the Fannie Mae to finance the multifamily class of assets than any other source. Fannie Mae delivers industry low interest rates with customized terms and certainty of execution. The program allows for a specific tenant concentration (student, military, corporate) up to 80% - above 80% available through the respective dedicated programs (e.g. Student Housing, Military Housing). Properties with a HAP contract or other regulatory agreement must be processed through the Affordable Housing program.

  • Customized fixed rate terms from 5-30 years

  • Up to 80% LTV

  • Up to 100% CLTV is possible with Joint Venture

Fannie Mae Affordable Housing Loan Program

The Fannie Mae Affordable Housing Loan program provides permanent, long-term fixed rate debt for financing for stabilized multifamily housing properties with regulatory based rent or income restrictions. 

  • Eligible property types include, Section 8 HAP contracts, expiring Low Income Housing Tax Credits, refinancing of tax exempt-bonds, properties with existing RD 515 and RD 538 loans and loans insured under Section 202 and 236 of National Housing Act

  • $1 million minimum loan size

  • Up to 80% LTV

  • Up to 100% CLTV is possible with Joint Venture

Fannie Mae Student Housing Loan Program

Fannie Mae provides customized apartment loans for student housing properties that address the special needs financing of the student housing market through its Dedicated Student Housing Loan program for properties that are specifically built for student housing with a minimum of 80% of the units leased to undergraduate or graduate students. For properties with a student tenant concentration less than 80%, financing is available through the Standard Multifamily Loan program.

  • $1 million minimum loan size

  • Up to 30 year fixed rate terms

  • Up to 75% LTV

  • Up to 100% CLTV is possible with Joint Venture

Fannie Mae Seniors Housing Loan Program

The Fannie Mae Seniors Housing Loan program provides mortgages for existing, stabilized, purpose built Seniors Housing properties that provide Independent Living, Assisted Living, Alzheimer’s/Dementia Care, or any combination or standalone.

  • Prefer loan sizes above $2 million

  • Fixed rate terms up to 30 years

  • Up to 75% LTV

  • Up to 100% CLTV is possible with Joint Venture

Fannie Mae Military Housing Loan Program

Multifamily loan program for properties with more than a 20% military tenant concentration, or the subject's market is heavily influenced by a military base.

  • Minimum Loan size $1 Million

  • Up to 75% LTV

  • Up to 100% CLTV is possible with Joint Venture

Fannie Mae Cooperative Multifamily Loan Program

The Fannie Mae Cooperative financing program provides financing options for properties in which the residents collectively own the building(s) and property through their shares in the cooperative corporation. The cooperative corporation grants occupancy rights to the shareholder tenants through proprietary leases. 

  • Minimum Loan size $1 Million

  • Up to 55% LTV

  • Up to 100% CLTV is possible with Joint Venture

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 Synergy Capital Markets

9453 De Soto Avenue

Suite M

Chatsworth, California 91311
 

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Synergy Capital Markets, is an institutional alternative real estate finance investment adviser, investor and underwriter. Synergy Capital Markets does not offer, and does not offer to provide any broker dealer or market maker services. Synergy Capital Markets operates this website at www.SynergyCapitalMarkets.com (referred to as the “Website”). By accessing this Website and any pages thereof, you agree to be bound by its Terms of Use and Privacy Policy. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. We do not provide financial planning services to individual investors. Synergy Capital Markets does not provide tax advice and does not represent in any manner that the outcomes described herein will result in any particular tax consequence. Prospective investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this Website, and are encouraged to consult with their own financial advisor, attorney, accountant, and any other professional that can help you / them to understand and assess the risks associated with any real estate investment opportunity. Full Disclosure

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