Loan Ammount             $500,000 to $5 Million Fannie Mae Apartment Financing

Term                            5, 7 or 10 Years

Amortization             Up to 30 Years

DCR                             1.20 and up ( flexible historical DSC Requirements )

Loan-To-value              Up to 80%

Recourse                      Negotiable

3rd Party Fees              $4,500 ( appraisal, environmentals, prop. inspection fees etc. )

Assumable                   YES w/ underwriting approval

Rate Lock                     YES

Interest Only                    YES

This new agency Access Apartment Loan is for borrowers that intend to hold on to the commercial real estate for 5, 7 or 10 years. Low rates and fees are just 2 of the featrures of this Fannie Mae Apartment Financing.

Other federal Apartment/Multifamily Programs are at our Agency-HUD link.