Fannie Mae DUS Multifamily Loans from CREFCOA

More individual and institutional investors turn to the Fannie Mae DUS platform to finance their multifamily property than any other source.

Apartment-Building

The DUS platform is designed to deliver low rate fixed and variable rate apartment loans at industry low rates with customized terms and certainty of execution.

The DUS platform is Fannie Mae's standard multifamily loan program for loan sizes above $6 million with no maximum loan size. The DUS platform provides financing for a wide range of properties, including conventional, work force, affordable, rent restricted, student housing, seniors housing, manufactured housing, cooperatives and military.

  • $6 million minimum loan
  • Available nationwide
  • Highly competitive interest rates
  • Fixed rates up to 30-years
  • No tax returns required
  • Up to 80% LTV / 75% for cash out refinances
  • 30-year amortization
  • Up to 10-years interest only
  • Non-recourse
  • Assumable

Fannie Mae Apartment Loan Interest Rates – DUS Program

Fannie Mae DUS Multifamily Interest Rates

Fixed TermInterest RateAmortizationMaximum LTV
5-year2.80%-3.25%30-year75%
7-year2.82%-3.27%30-year80%
10-year2.83%-3.28%30-year80%
15-year3.19%-3.64%30-year80%
30-year3.59%-4.04%30-year80%

Fannie Mae DUS Multifamily 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

Why Choose CREFCOA

More Choices
Better Decisions

Unbeatable Rates
Unbeatable Terms

Ease and Convenience
Simplified Loan Process

Proven
Experience

Client
Commitment

You can count on us
to be there for you.

Learn more

A Sample of Our Recent Transactions

Dallas, TX Fannie Mae $10.3M

2.69%
55% LTV
10-Year Fixed
30-Year Amortization
10-Year Interest Only
Non-Recourse

Seattle, WA Freddie Mac $21.02M

3.03%
55% LTV
10-Year Fixed
30-Year Amortization
10-Year Interest Only
Non-Recourse

Los Angeles, CA Freddie Mac $1.9M

3.08%
55% LTV
10-Year Fixed
30-Year Amortization
Yield Maintenance Prepay
Non-Recourse

Kerrville, TX Fannie Mae $3M

4.05%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan For Life
Non-Recourse

New Llano, LA Fannie Mae $4.715M

4.30%
70% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan For Life
Non-Recourse

Titusville, FL Freddie Mac $3.123M

4.35%
75% LTV
7-Year Fixed
30-Year Amortization
3-3-2-2-1-1-1-1 Prepay
Non-Recourse

Escondido, CA Freddie Mac $3.428M

3.48%
65% LTV
10-Year Fixed
30-Year Amortization
5-Year Interest Only
Non-Recourse

Tarrytown, NY Freddie Mac $1.23M

4.30%
80% LTV
5-Year Fixed
30-Year Amortization
5-4-3-2-1 Prepay
Non-Recourse

Lubbock, TX Freddie Mac $3.675M

4.02%
75% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Alhambra, CA Freddie Mac $1.8375M

3.39%
55% LTV
5-Year Fixed
30-Year Amortization
5-4-3-2-1 Prepay
Non-Recourse

Bellingham, WA Fannie Mae $1.08M

4.06%
55% LTV
15-Year Fixed
30-Year Amortization
Yield Maintenance Prepay
Non-Recourse

Fortuna, CA Freddie Mac $1.736M

4.12%
70% LTV
7-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Cahokia, IL Fannie Mae $1.651M

3.71%
65% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Humboldt Hill, CA Freddie Mac $1.638M

4.16%
70% LTV
7-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Sleepy Hallow, NY Freddie Mac $1.137M

4.22%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Odessa, TX Freddie Mac $4.87M

4.30%
70% LTV
7-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Englewood, CO Freddie Mac $2.8M

3.51%
70% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

San Gabriel, CA Banc Series $6.60M

3.96%
70% LTV
5-Year Fixed
30-Year Amortization
5-4-3-2-1 Prepay
Recourse

Indianapolis, IN Freddie Mac $2.5M

3.73%
75% LTV
12-Year Fixed
30-Year Amortization
5-Year Interest Only
Non-Recourse

Irving, TX Fannie Mae DUS $9M

4.49%
80% LTV
10-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Alhambra, CA Freddie Mac $1-$5M

3.39%
55% LTV
5-Year Fixed
30-Year Amortization
5-4-3-2-1 Prepay
Non-Recourse

Baton Rouge Fannie Mae $2.95M

4.77%
75% LTV
10-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Chicago, IL Freddie Mac $2.8M

4.21%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $3.8M

4.21%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Gresham, OR Freddie Mac $3.55M

4.43%
45% LTV
10-Year Fixed
30-Year Amortization
10-Year Interest Only
Non-Recourse

Indianapolis, IN Fannie Mae $2.37M

3.78%
75% LTV
12-Year Fixed
30-Year Amortization
5-Year Interest Only
Non-Recourse

Seattle, WA Banc Series $5.5M

4.25%
60% LTV
10-Year Fixed
30-Year Amortization
5-4-4-3-2-1 Prepay
Recourse

Diamond Springs, CA Fannie Mae MHC $1-$5M

4.10%
65% LTV
15-Year Fixed
15-Year Amortization
YM Prepay
Non-Recourse

Arvada, CO Freddie Mac $3.56M

4.35%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Wheeling, IL Freddie Mac $3.8M

4.05%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Calumet City, IL Freddie Mac $2.9M

3.90%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Tacoma, WA Freddie Mac $1.6M

3.90%
70% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Winston-Salem, NC Fannie Mae $2.91M

4.94%
65% LTV
10-Year Fixed
30-Year Amortization
Step Down Prepay
Non-Recourse

Lake Forest, IL Freddie Mac $2.98M

4.32%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $1-$5M

4.27%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $3.18M

3.70%
70% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Puyallup, WA Freddie Mac $2.26M

4.47%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $1.52M

4.58%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Midland, TX Freddie Mac $4.03M

4.30%
70% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Odessa, TX Freddie Mac $3.2M

4.30%
70% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Lumberton, TX Fannie Mae $1.68M

5.70%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Fayetteville, AR Fannie Mae $1-$5M

4.29%
65% LTV
10-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Indianapolis, IN Freddie Mac $1.62M

4.31%
80% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Amarillo, TX Freddie Mac $2.67M

4.37%
75% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Winston-Salem, NC Freddie Mac $2.88M

4.64%
70% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Southfield, MI Freddie Mac $3.36M

4.61%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Gilbert, SC Fannie Mae $1-$5M

4.30%
75% LTV
10-Year Fixed
30-Year Amortization
Acquisition
Non-Recourse

Chicago, IL Freddie Mac $2.24M

4.52%
80% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Burbank, CA Freddie Mac $3.3M

3.9%
55% LTV
7-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Muskegon, MI Fannie Mae $1-$5M

4.30%
55% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Kerrville, TX Freddie Mac $2.32M

4.66%
70% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Ladson, SC Fannie Mae $1.8M

4.59%
55% LTV
15-Year Fixed
30-Year Amortization
5-Year interest Only
Non-Recourse

Seattle, WA Banc Series $2.5M

4.125%
38% LTV
15-Year Fixed
15-Year Amortization
5-4-3-2-2-2-2-2-1 Prepay
Recourse

Chicago, IL Freddie Mac $4.18M

4.70%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $3.42M

3.75%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Los Angeles, CA Banc Series $2.8M

4.22%
40% LTV
10-Year Fixed
30-Year Amortization
5-4-4-3-2-1 Prepay
Recourse

Dyersburg, TN Fannie Mae $1-$5M

4.79%
80% LTV
12-Year Fixed
30-Year Amortization
47 Day Close
Non-recourse

Platteville, WI Fannie Mae $5M+

4.36%
75% LTV
12-Year Fixed
30-Year Amortization
Non-Contiguous Parcels
Non-recourse

Idaho Falls Fannie Mae $1M

4.07%
75% LTV
15-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Houston, TX Fannie Mae $2.01M

4.8%
75% LTV
10-Year Fixed
30-Year Amortization
Non-Local Sponsorship
Non-Recourse

Chicago, IL Freddie Mac $1-$5M

4.64%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Philadelphia, PA Freddie Mac $3.37M

4.61%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Calumet City, IL Freddie Mac $3.3M

4.48%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Empire, CA Fannie Mae $1.8M

4.93%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $1.92M

4.79%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Kenosha, WI Freddie Mac $1-$5M

4.51%
75% LTV
7-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Lynn, MA Fannie Mae $1-$5M

5.15%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Vacaville, CA Banc Series $1.8M

4.05%
75% LTV
5-Year Fixed
30-Year Amortization
5-4-3-2-1 Prepay
Recourse

Los Angeles, CA Freddie Mac $1-$5M

3.91%
55% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $2.11M

5.03%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

College Station, TX Freddie Mac $2.23M

3.95%
75% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Naples, FL Fannie Mae $1-$5M

4.75%
55% LTV
30-Year Fixed
30-Year Amortization
5-Year Interest only
Non-recourse

Chicago, IL Freddie Mac $2.182M

4.66%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Middletown, OH Freddie Mac $2.99M

4.80%
75% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Amarillo, TX Fannie Mae $1-$5M

4.72%
75% LTV
10-Year Fixed
30-Year Amortization
12 Months Interest Only
Non-recourse

Rock Hill, SC Fannie Mae $1.25M

5.34%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Chicago, IL Freddie Mac $1.12M

5.08%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Pompano Beach, FL Fannie Mae $1.92M

4.62%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Encinitas, CA Fannie Mae $1-$5M

4.55%
55% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Holly Hill, FL Fannie Mae $1-$5M

4.210%
80% LTV
10-Year Fixed
30-Year Amortization
Acquisition
Non-Recourse

Chicago, IL Freddie Mac $1.65M

4.12%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Hixson, TN Freddie Mac $1.95M

4.50%
65% LTV
10-Year Fixed
30-Year Amortization
Refinance
Non-Recourse

Lumberton, TX Fannie Mae $3M

5.95%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Chicago, IL Freddie Mac $2.28M

4.56%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Fayetteville, AR Fannie Mae $1-$5M

4.47%
65% LTV
10-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Milford, MI Freddie Mac $3.55M

4.92%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Croswell, MI Freddie Mac TAHX $1M

3.87%
75% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Eureka, CA Freddie Mac $1-$5M

3.76%
75% LTV
5-Year Fixed
30-Year Amortization
5,4,3,2,1 Prepay
Non-Recourse

Charlotte, NC Fannie Mae $1.76M

5.03%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Deerfield Beach, FL Fannie Mae $1.60M

4.62%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Chicago, IL Freddie Mac $2.28M

4.31%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Ossining, NY Freddie Mac $1-$5M

3.74%
80% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Lynwood, CA Fannie Mae $1-$5M

5.17%
75% LTV
10-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Newberry, SC Fannie Mae MHC $1-$5M

4.62%
75% LTV
15-Year Fixed
10-Year Amortization
YM Prepay
Non-Recourse

Abilene, TX Freddie Mac $4.87M

5.04%
75% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Houston, TX Freddie Mac $1.12M

4.32%
70% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Chicago, IL Freddie Mac $2.32M

4.89%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Redding, CA Fannie Mae $1M-$5M

4.98%
75% LTV
10-Year Fixed
30-Year Amortization
30-Year Term
Non-Recourse

Orlando, FL Freddie Mac $1.42M

4.71%
80% LTV
10-Year Fixed
30-Year Amortization
YM Prepay
Non-Recourse

Plattsburgh, NY Fannie Mae MHC $1-$5M

5.33%
75% LTV
15-Year Fixed
30-Year Amortization
YM Prepay
Non-Recourse

Greenville, MS Fannie Mae $1-$5M

5.9%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Chicago, IL Freddie Mac $2.26M

4.19%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Fort Oglethorpe, GA Fannie Mae $1-$5M

4.85%
75% LTV
10-Year Fixed
30-Year Amortization
Acquisition
Non-Recourse

Houston, TX Freddie Mac $1.64M

4.72%
80% LTV
7-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Springfield, MA Fannie Mae $1-$5M

4.44%
80% LTV
10-Year Fixed
30-Year Amortization
Acquisition
Non-Recourse

Seattle, WA Banc Series $3M

4.37%
65% LTV
10-Year Fixed
30-Year Amortization
5-4-4-3-2-1
Recourse

Round Lake Heights, IL Freddie Mac $1.44M

4.05%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Nederland, TX Fannie Mae $1-$5M

5.19%
75% LTV
10-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Midvale, UT Fannie Mae $2M

4.73%
65% LTV
5-Year Fixed
30-Year Amortization
Affordable Housing
Non-Recourse

Fort Lauderdale, FL Freddie Mac $1.2M

4.42%
80% LTV
10-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Orwell, OH Freddie Mac $1.4M

4.70%
70% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Chicago, CA Freddie Mac $2.26M

4.50%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Fresno, CA Fannie Mae $1.38M

4.97%
70% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Pine Bluff, AR Fannie Mae $1M-$5M

5.51%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Chicago, CA Freddie Mac $2.32M

4.08%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Litchfield, MN Fannie Mae $1M-$5M

5.38%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Galveston, TX Freddie Mac $1.65M

4.95%
70% LTV
10-Year Fixed
30-Year Amortization
YM Prepay
Non-Recourse

Weslaco, TX Freddie Mac $1.90M

4.95%
70% LTV
10-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

San Diego, CA Freddie Mac $1M-$5M

3.56%
80% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Brownsville, TX Fannie Mae $1M-$5M

5.03%
70% LTV
12-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Plattsburgh, NY Fannie Mae $1M-$5M

5.04%
75% LTV
15-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Hammond, LA Fannie Mae $1M-$5M

4.9%
75% LTV
15-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Los Angeles, CA Fannie Mae $1M-$5M

4.49%
55% LTV
20-Year Fixed
20-Year Amortization
Multifamily Loan for Life
Non-Recourse

Morrow, GA Freddie Mac $3.36M

4.56%
75% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Pearl, MS Freddie Mac $1.80M

5.17%
80% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Pompano Beach, FL Fannie Mae $1.38M

4.30%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Fortuna, CA Freddie Mac $1-$5M

3.72%
75% LTV
5-Year Fixed
30-Year Amortization
5,4,3,2,1 Prepay
Non-Recourse

Bellwood, IL Freddie Mac $1-$5M

5.21%
80% LTV
5-Year Fixed
30-Year Amortization
5-4-3-2-1
Non-Recourse

Philadelphia, PA Freddie Mac $1.69M

4.61%
75% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Orlando, FL Fannie Mae $1-$5M

4.26%
80% LTV
10-Year Fixed
30-Year Amortization
Acquisition
Non-Recourse

Gresham, OR Freddie Mac $3.23M

4.53%
55% LTV
10-Year Fixed
30-Year Amortization
10-Year Interest Only
Non-Recourse

Los Angeles, CA Freddie Mac $1-$5M

3.91%
55% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Greenville, SC Fannie Mae $1.09M

5.22%
75% LTV
12-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Houston, TX Fannie Mae $1-$5MM

4.99%
75% LTV
8-Year Fixed
30-Year Amortization
Supplemental
Non-Recourse

Cleveland, GA Fannie Mae $1.62M

5.24%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Elk City, OK Freddie Mac $3.075M

4.80%
70% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Naples, FL Freddie Mac $1M

4.97%
65% LTV
10-Year Fixed
30-Year Amortization
2-Year Interest Only
Non-Recourse

Warren, MI Freddie Mac $1.4M

4.96%
70% LTV
10-Year Fixed
30-Year Amortization
5-5-4-4-3-3-2-2-1-1 Prepay
Non-Recourse

Garden Grove, CA Banc Series $1.05M

4.33%
70% LTV
5-Year Fixed
30-Year Amortization
5-4-3-2-1 Prepay
Recourse

Whittier, CA Fannie Mae $1M

4.55%
75% LTV
10-Year Fixed
30-Year Amortization
Cash Put Refinance
Non-Recourse

Philadelphia, PA Freddie Mac $1.42M

4.40%
80% LTV
10-Year Fixed
30-Year Amortization
3-Year Interest Only
Non-Recourse

Lancaster, CA Fannie Mae $2.1M

4.56%
75% LTV
7-Year Fixed
30-Year Amortization
YM Prepay
Non-Recourse

Gravette, AR Fannie Mae $1.01M

4.47%
75% LTV
10-Year Fixed
30-Year Amortization
Cash Out Refinance
Non-Recourse

Lumberton, TX Fannie Mae $2.8M

5.92%
75% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Oakland, CA Freddie Mac $1-$5M

3.80%
80% LTV
5-Year Fixed
30-Year Amortization
1-Year Interest Only
Non-Recourse

Southfield, MI Fannie Mae $1-$5M

5.75%
80% LTV
30-Year Fixed
30-Year Amortization
Multifamily Loan for Life
Non-Recourse

Over 41,000 people have come to CREFCOA for their commercial and apartment loan needs.

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What you need to know about the Fannie Mae DUS Multifamily Loan program

Program descriptions, highlights and underwriting guidelines are helpful when considering if an apartment loan program is right for you and your property. However, they don't always tell the whole story. Below is what you need to know about the Fannie Mae DUS Apartment loan program that program guidelines and highlights don't tell you.

  • Unlike the Fannie Mae Small Apartment Loan program, Fannie Mae doesn't have specific financial capacity requirements for its DUS Apartment Loan program (net worth and liquidity).
  • Various lien, litigation and bankruptcy searches are required for Borrowing Entities and Key Principals.
  • Asset quality and condition are important. A property condition inspection is completed and any life, health and safety related deficiencies must be cured prior to closing. GFCI outlets must be installed in all kitchens and baths.
  • Properties with tuck under or subterranean parking that are located in Seismic zones 3 and 4 require a PML report.
  • Properties built prior to 1980 that have not had a seismic reinforcement or retrofit completed are generally ineligible.
  • Properties with unreinforced masonry construction are ineligible.
  • Insurance for secondary market programs (Fannie, Freddie, HUD CMBS) typically requires more coverage than traditional banks, resulting in a higher insurance expense.
  • Absentee ownership requires professional third party management.
  • While Fannie Mae apartment loans are non-recourse, all key principals must sign an exceptions to non-recourse document and each have joint and several liability.
  • Non-contiguous properties require a Fannie Mae waiver (which is difficult to obtain).
  • Phased properties require a Fannie Mae waiver (which is difficult to obtain).
  • Properties that are a part of a PUD and/or belong to an HOA are generally ineligible.