Small Balance Commercial Loans
Freddie Mac Small Balance Program
The Small Balance Program is for the acquisition or refinance of small balance loans providing liquidity, stability, and certainty of execution to the affordable rental housing market nationwide. Key Benefits of the Freddie Mac Small Balance Program are as follows. Financing of small balance loans using hybrid ARM or fixed-rate mortgage products, offering partial-term and full-term interest-only, A Streamlined processes during pricing, underwriting, closing and funding as well as Competitive pricing and Streamlined loan documentsProperty types eligible are as follows:Conventional multifamily housing with five residential units or more, including conventional housing with tax abatements and S...
