Agency Multifamily Loans

Fannie Mae & Freddie Mac Financing
for Multifamily Properties

For experienced multifamily owners and investors, Agency financing can provide some of the most attractive long-term debt available for qualifying apartment properties.

1st Coastal Commercial Capital helps borrowers evaluate their transaction and access appropriate Fannie Mae, Freddie Mac and other multifamily capital sources based on property performance, loan size, sponsorship and investment strategy.

Discuss Your Multifamily Loan

Government Guarantee

Backed by the strength of Fannie Mae or Freddie Mac.

Longer Terms

Terms structured around the useful life of the asset or working capital need.

Competitive Financing

Agency financing can help reduce exposure for lenders and support better rates.

Nationwide Impact

Financing that supports communities and creates lasting economic impact.

Institutional Financing for Multifamily Investors

Agency lending is designed primarily for stabilized multifamily properties with demonstrated operating performance.

Competitive Interest Rates

Institutional pricing for qualifying multifamily properties and borrowers.

Non-Recourse Options

Many Agency executions offer non-recourse financing, subject to standard carve-outs and program requirements.

Long-Term Financing

A variety of loan structures and maturity options may be available depending on the program.

Fixed & Floating Rate Options

Financing structures can be matched to the borrower's investment strategy and anticipated hold period.

Higher-Leverage Options

Certain programs may provide attractive leverage for qualifying properties.

Interest-Only Options

Partial or other interest-only structures may be available for qualifying transactions.

Fannie Mae

Financing for Stabilized Apartment Properties

Fannie Mae offers a broad range of multifamily financing programs for qualifying properties and experienced sponsors.

Acquisitions
Rate & Term Refinancing
Cash-Out Refinancing
Conventional Multifamily
Affordable Housing
Manufactured Housing Communities
Student Housing
Seniors Housing
Other Eligible Multifamily

Freddie Mac

Flexible Institutional Capital
for Apartment Investors

Freddie Mac provides multifamily financing through a variety of executions designed for different property types, loan sizes and investment strategies.

Conventional Apartments
Small Balance Multifamily
Workforce Housing
Manufactured Housing Communities
Student Housing
Seniors Housing
Targeted Affordable Housing
Other Eligible Properties

What Types of Properties May Qualify?

Agency financing may be available for eligible:

What Do Agency Lenders Look At?

The Property's Performance Matters.

Agency underwriting typically evaluates factors such as:

Net Operating Income (NOI)
Debt Service Coverage Ratio (DSCR)
Occupancy & Operating History
Loan-to-Value (LTV)
Property Condition
Market & Location
Sponsor Experience
Liquidity & Net Worth
Historical Financial Performance
Rent Roll
Appraised Value

Strong sponsorship and stabilized property performance can be critical to obtaining the most competitive execution.

Agency vs. Bank vs. CMBS

Which Multifamily Loan Is Right for Your Property?

Bank Financing

Relationship Driven

May provide flexibility for smaller or local transactions but may involve recourse, shorter terms and lender concentration limits.

VS

Agency Financing

Fannie Mae / Freddie Mac

Designed specifically for qualifying multifamily properties and may offer competitive pricing, longer terms and non-recourse options.

VS

CMBS

Capital Markets Execution

May provide another non-recourse alternative for stabilized commercial properties and larger transactions.

We'll Help You Compare the Options.

Buying or Refinancing
an Apartment Property?

Don't select a lender based on rate alone.

The right execution should consider:

Rate
Loan Proceeds
Amortization
Recourse
Prepayment Structure
Interest-Only Period
Closing Costs
Loan Term
Future Investment Strategy

Our objective is to help identify the financing structure that makes sense for the property and your business plan.

Have a Multifamily Deal? Send It to Us.

Send us the basics and we’ll evaluate whether Fannie Mae, Freddie Mac, bank, CMBS, bridge, private or other alternative multifamily financing option may provide the best fit.

Loan Purpose

Purchase • Refinance
Cash-Out Refinance

Property Types

Multifamily • Manufactured Housing
Student Housing • Seniors Housing
Other Eligible Properties

Geography

Nationwide

Looking for the Best

Direct

Nationwide

We Finance Rural America