Freddie Mac has a Small Balance Loan Program for Multifamily purchases. Working through a bank in their "Optigo Lender Network", you may qualify for a Multifamily loan that you wouldn't get elsewhere.
As of July 2023, here is a snapshot of their loan product:
- $1 Million - $7.5 Million
- 5, 7, and 10 year hybrid ARM and fixed-rate options
- Up to 80% LTV in certain markets
- Interest-only available
- 30-year amortization
- Declining prepayment options
- Coupon pricing held at application
- Streamlined loan documents and 3rd party reports
- Certainty of execution
- 12 Optigo lenders with nationwide coverage
- Your servicing partner for the life of your loan
Attached, you will find a brochure with more information, including how to apply for a loan or talk with an Optigo lender.