1. Home
  2. Freddie Mac Apartment Loans
  3. Freddie Mac Cash Loans with Other Affordability Components

Freddie Mac Cash Loans with Other Affordability Components

Freddie Mac Cash Loans with Other Affordability Components

This program provides financing for multifamily properties with regulatory rent or income restrictions. This program includes transactions with section 8 and 266 financing, tax abatements, and other affordability components.

Summary
Description Financing for the acquisition or refinance of stabilized affordable multifamily properties with fixed-rate or floating-rate cash loans
Type of Funding Permanent, immediate financing
Eligible Properties Garden, mid-rise, or high-rise multifamily properties that meet affordability criteria and with 90% occupancy for 90 days
Min DSCR DSCR Calculator 1.15x
Max LTV 90%
Loan Term Maximum of 30 years
Construction Loan Term NA
Max Amortization 30 Years
Prepayment Yield maintenance or defeasance, depending on the product
Subordinate Financing Permitted
Tax and Insurance Escrows Required
Securitization Available Available

Program Plus Freddie Mac Loans

Program Plus Options
Fixed Rate Loans Floating Rate Loans
Lease-Up Loans Manufactured Housing Community Loans
Revolving Credit Facility Student Housing Loans
Supplemental Loans Value-Add Loans

Affordable Housing Freddie Mac Loans

Affordable Housing Options
9% LIHTC Cash Loans Bond Credit Enhancement with 4% LIHTC
Bond Credit Enhancement with Other Affordability Components Cash Loan with Other Affordability Components
Direct Purchase of Tax-Exempt Mortgages Preservation Rehabilitation Financing
Supplemental Loans Tax-Exempt Bond Securitization (TEBS)
Variable Liquidity Pricing

Other Freddie Mac Loans

Other Freddie Loan Types
Student Housing Loans Small Balance Loans
Freddie Mac Single-Family Rental (SFR) Pilot Program

Was this page helpful?

What Clients Say About Us

Our Reviews

Unfiltered Reviews
Fernando and Leanne are Amazing

Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever

- Nirav Patel

She Took Care of All My Needs

If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.

- Vincent Arias

Commercial Loan Direct Streamlined the Whole Process

We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them

- Rita Pisarski