The more time we spent, and DougвЂ™s willingness to invest that initial time, without any guarantee of new business, and his grasp of the commercial lending environments and contacts, made us comfortable to proceed. We spent quite a bit of time on the phone and by e-mail, trying to read between the lines and in search of indicators that would give us pause, as far as proceeding with a commercial loan we were seeking at the time. As all things on the internet, we proceeded with caution and reservation. We came across CREFCOA while searching on the internet for a commercial lender. If we can transact in those toughest of times, we can do anything! I have enjoyed all the wise and prescient conversations we have had along the way, especially during the mortgage meltdown in 2008 and the commodity crash of 2014. I value you as my friend, and as a member of my team as I continue to build my business. Thank you, Doug, for all you have done for me and my family. If there is one word I would use to describe Doug, it would be вЂњIntegrity,вЂќ a much overused word in the business, but deserving to describe Doug.

If it wasnвЂ™t for Doug, I probably would not have gotten through them and I certainly would not be where I am right now. Every one of my transactions had issues to be dealt with. My faith was renewed!ДЇifteen years and 7 transactions later, I now consider Doug one of my few friends I can actually count on. He took the time to get to know me, the property and the area and got the loan approved quickly. I was frustrated and вЂњTrustвЂќ was not in my vocabulary when it came to the commercial mortgage space at that time. Being a non-local owner proved to be a challenge for most lenders. When I first talked to Doug (over 15 years ago!) I had almost given up on the prospect of finding someone who could help me with a loan to buy my first multifamily property. Step Down Prepayment Rate Adjustments - Call

75% maximum LTV for cash out refinances.

Contact Crefcoa for Affordable, Student, Seniors, Manufactured and Military Housing properties.

Rates are for conventional apartments only.

Interest calculated on Actual/360 basis.

Open for prepayment with no penalty during last 3 months of the fixed term.

Rates quoted assume most attractive rates available and assume: excellent property quality, strong sponsorship, experienced management and strong market conditions/major MSA.

Pricing adjustments for loan sizes below $7,000,000, or for properties with 51 or more units.

$1,000,000 minimum loan size (smaller loan sizes considered on a deal by deal basis).

Up to 30 bps interest rate reduction for properties with rents that are considered affordable.

Fannie now provides interest rate ranges.

View Fannie Mae apartment loan program guidelines.

Here, you'll find many types of distressed houses as well as savvy advice on buying smart.Fannie Mae Apartment Loan Rates Pricing Notes We offer a dazzling array of reliable, up-to-date listings. If you want to save more money on your next property purchase, be sure to look at the listings available at. When you buy house foreclosures for sale, you can enjoy reasonable financing because of the work Freddie Mac does behind the scenes. Whenever you seek financing for a real estate purchase, you enjoy lower interest rates because of Freddie Mac.

However, even though there are no Freddie Mac foreclosure homes, Freddie Mac can help you secure federal homes, government foreclosures, and even bank foreclosures. Buying Foreclosures From Freddie MacДЇreddie Mac does not offer home loans directly and therefore there are no Freddie Mac foreclosures available from the organization. If you enjoy an affordable home loan, Freddie Mac is partly responsible. In turn, this allows lenders to offer more homebuyers more home loans at better rates. This pours more money into the mortgage market and offers additional security as well as additional sources of income to lenders. When investors buy these securities, they essentially support the mortgage market. What Freddie Mac DoesДЇreddie Mac makes mortgages more affordable for all homebuyers because the organization buys home loans from banks and creates tradable securities from these mortgages by combining thousands of home loans together. Fannie Mae offers financing options while Freddie Mac plays a significant role in the secondary mortgage market. However, the two organizations approach this aim very differently. Freddie Mac (the Federal Home Loan Mortgage Corporation) and Fannie Mae are both organizations dedicated to helping Americans achieve homeownership goals.

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