Freddie Mac and Fannie Mae Small Loan Programs Get Even Better With Free Appraisals For A Limited Time
Known as being the most competitive apartment and multifamily loan programs in the market, the Fannie Mae Small Loan and Freddie Mac SBL programs through CREFCOA just got even better with the cost of the appraisal (up to $3,500) being credited back at closing.
The appraisal credit* applies to all eligible loans taken under application between October 1, 2021 – November 5, 2021.
To request a quote, complete a quote request summary here. You will receive a confirmation email with an assigned loan specialist. Provide your loan specialist with the documents listed below and we will have a written quote and formal application out for your review in 24-48 hours. With the Freddie Mac SBL program we can rate lock at application. Interest rates are on the rise so get started today!
- Rent roll
- Subject property income and expense statements
- Personal financial statement
- Brief experience narrative describing 5+ unit multifamily experience
Please contact a CREFCOA multifamily loan specialist with any questions at 1-844-359-6413
*To receive the credit the loan must close. The appraisal cost will not be credited back for loans that don’t close due to reasons outside of the control of lender or borrower.