Fannie gives rate break for healthy multifamily buildings

Fannie Mae Multifamily Forward Funding – Multifamily Affordable Housing. Fannie Mae’s Multifamily Mortgage Business provides a forward rate lock and commitment to fund a permanent mortgage loan for multifamily properties that are eligible for 9% Low Income Housing Tax Credits and undergoing new construction or substantial rehabilitation.

The Healthy Housing Rewards "will provide a financial incentive to borrowers who invest in the health and stability of the people who live in their affordable housing properties," according to Jeffery Hayward, Fannie Mae’s Executive Vice President for Multifamily in a public statement.

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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.

Requirements. A Fannie Mae Supplemental Mortgage Loan Supplemental Mortgage Loan Mortgage Loan purchased by Fannie Mae that is subordinated to, and has a Mortgage Loan Origination Date after, the Senior Mortgage Loan that is also owned by Fannie Mae. is available for Properties properties multifamily residential property securing the Mortgage Loan and including the land (or Leasehold interest.

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Multifamily investors and developers searching for a flexible form of Freddie Mac financing need look no further than the Freddie Mac Fixed-Rate Conventional Loan.Freddie Mac Fixed-Rate Conventional Loans are incredibly versatile, allowing for the financing of standard multifamily properties, student housing, seniors housing, cooperative housing developments, and targeted affordable housing.

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Owners of apartment buildings and cooperatives may be eligible for loans with reduced interest rates for upgrades that reduce their energy or water consumption by at least 20%, under a new Fannie Mae Fannie Mae offers incentives for energy, water efficiency in multifamily buildings | Building Design + Construction

Fannie mae multifamily arm 7-4 Loans. The Fannie Mae DUS ARM 7-4 has a term of 7 years and an interest-rate cap of 4% (not including certain fees.) Plus, the ARM 7-4 has a minimum loan amount of just $1 million and an LTV allowance of 80% (75% for cash-out refinancing).

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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.