Hedge interest rate risk and exposure with a Fannie Mae Unfunded Forward Commitment by locking the interest rate and other key provisions prior to construction.
Fannie Mae Multifamily offers an unfunded forward commitment to issue an MBS upon completion of construction and conversion to a permanent Mortgage Loan for Multifamily Affordable Properties. The MBS as Collateral for Tax-exempt Bonds (MTEB) execution is an available option for 4% LIHTC transactions.
- Hedge interest rate risk and volatility
- Certainty of speed and execution
- 24-30 month commitments
- 90% occupancy prior to conversion
- Fixed rate terms
- Up to 90% leverage
Fannie Mae Unfunded Forward Commitment Program Guidelines
Got 5 minutes? Request a custom quote today!
Provide some basic information about the property and the financing you’re seeking and we will provide you with a custom quote designed around your specific needs and financing objectives.
It’s really that simple.
Private. Confidential. Secure. We never sell or provide your personal information or email address to unrelated third parties.
Eligible property types Multifamily property types: 5+ Unit Apartment Building, 5+ Unit Townhome Style Contiguous, 1-4 unit Residential Contiguous, 1-4 Unit Non-Contiguous > 5 units, 5+ unit Fractured Condominium, Mobile Home Park, Student Housing, Affordable Housing With LURA, Affordable Housing With Section 8, Affordable Housing With HAP, Seniors Housing With Care, 55+ Seniors Housing Without Care, Military Housing, Cooperative
Apartment Loan Helpful Links
Why Choose CREFCOA
Ease and Convenience
Simplified Loan Process