Fannie Mae Introduces Healthy Housing Rewards Initiative for Affordable Multifamily Properties May 24, 2017 WASHINGTON, DC – Fannie Mae announced its Healthy Housing Rewards initiative aimed at providing a financial incentive for borrowers who incorporate healthy design features for newly constructed or rehabilitated affordable multifamily.
The largest lenders in housing, Fannie Mae and Freddie Mac, expect to break more records in 2016 in their lending on multifamily properties. They both had a very busy 2015, and according to John Cannon, senior vice president of multifamily production, sales and marketing for Freddie Mac, "I think our activity is going to be higher in 2016.
For these certified properties, Fannie Mae is now granting a 10 basis point reduction in the interest rate of a multifamily refinance, acquisition or supplemental mortgage loan. For example, if the market interest rate is 4 percent on the multifamily loan, the new rate is 3.9 percent with this pricing break.
The multifamily projects currently lease. The value of controlling the construction of our development properties cannot be overstated. Offering dependable delivery dates to our tenant gives us a.
Fannie Mae is the largest single source able to provide financing for a wide variety of multifamily properties, including high-rises, garden-style complexes, even cooperatives. Capital One Multifamily Finance is a Fannie Mae DUS lender, one of only a select few nationwide.
HUD Loan Programs. The FHA 221(d)(4) loan, guaranteed by HUD is the multifamily industry’s highest-leverage, lowest-cost, non-recourse, fixed-rate loan available in the business. 221(d)(4) loans are fixed and fully amortizing for 40 years, not including the up-to-three-years, interest-only fixed-rate during construction.
WASHINGTON, May 23, 2017 /PRNewswire/ — Fannie Mae FNMA, +0.26% announced today its Healthy Housing Rewards  initiative aimed at providing a financial incentive for borrowers who incorporate.
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Home / Policy, Programs & Research / Policy / Fannie Mae & Freddie Mac multifamily businesses fannie Mae & Freddie Mac Multifamily Businesses Fannie Mae and Freddie Mac continue to play a significant role in supporting multifamily housing needs, particularly for low-income households.
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loans. Evaluating the credit quality of multifamily properties is more complex than for single-family properties. Multifamily properties represent a commercial business, are comprised of many individual units, and the number of underwriting factors are numerous in comparison to those for underwriting of single-family mortgages.
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Fannie Mae Introduces Healthy Housing Rewards Initiative for Affordable Multifamily Properties. Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for.