This type of loan is for the acquisition or refinance of senior housing properties including: independent living communities, assisted living communities, skilled nursing or memory care facilities. Borrowers must have experience as an owner/operator of comparable facilities and meet ownership structure requirements. Rates can be floating or fixed, with the ability to advance rate lock.
| Seniors Housing Loan Options | |
| Loan Terms | 5-10 years (up to 30 years for fixed-rate loans) |
| Eligible Property Types | Independent living properties, assisted living properties, properties with memory care, and skilled nursing |
| Loan Types | Fixed-rate loans, standard and capped floating-rate loans, and supplemental loans |
| Financing Options | Acquisition or refinance loans, bond credit enhancements, revolving credit facility and targeted affordable housing transactions |
| Replacement Reserve Escrow | Generally required |
| Tax and Insurance Escrow | Generally required |
| Early Rate-Lock Options (for FixedRate Loans) | Available for extended periods, including our standard early rate-lock, Index Lock, and Fast Track Early Rate-Lock options |
| Minimum DSCR DSCR Calculator | 1.30x |
Program Plus Freddie Mac Loans
| Program Plus Options | |
|---|---|
| Fixed Rate Loans | Floating Rate Loans |
| Lease-Up Loans | Manufactured Housing Community Loans |
| Revolving Credit Facility | Student Housing Loans |
| Supplemental Loans | Value-Add Loans |
Affordable Housing Freddie Mac Loans
Other Freddie Mac Loans
| Other Freddie Loan Types | |
|---|---|
| Student Housing Loans | Small Balance Loans |
| Freddie Mac Single-Family Rental (SFR) Pilot Program | |