News
Interest Rates Decrease for Freddie Mac SBL Apartment Loan Program – Effective 9-28-2021
Effective 9/28/2021 Freddie Mac has decreased interest rates for its SBL program. This was a bit of a surprise move by Freddie Mac as Treasury yields have been on the move as of late reaching an 8 month high this week. Interest rate pricing updates are effective for all loans taken under application on…
Read MoreFannie Mae and Freddie Mac Multifamily Sponsorship Eligibility
A question we get often at CREFCOA is related to Fannie Mae and Freddie Mac sponsorship eligibility requirements. Under the Fannie Mae and Freddie Mac multifamily lending platforms the agencies require sponsors to meet specific eligibility requirements. The four main eligibility requirements are: 1. 5+ unit multifamily experience 2. Net worth 3. Liquidity 4. Credit…
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