Fannie Mae Affordable Housing Loans offer flexible underwriting, highly competitive rates, flexible loan terms, and fixed- or variable-rate financing options with certainty and speed of execution.
With a mission driven platform of providing financing for affordable rental housing properties, more than 90 percent of the apartments financed by Fannie Mae are “workforce housing”, and are affordable to families earning at or below 120 percent of the area median income.
- $1 million minimum loan
- Low minimum DSCR of 1.20
- Available nationwide
- Highly competitive interest rates
- Fixed rates up to 30-years
- Up to 80% LTV / 75% for cash out refinances
- 30-year amortization
- Up to 10-years interest only
Fannie Mae Affordable Housing Loan 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
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Why Choose CREFCOA
Ease and Convenience
Simplified Loan Process