In most cases, if the Fannie Mae borrower sells the multifamily property before the loan term ends, the property’s buyer may be able to assume the loan.
Built to support your financing needs
#1
MULTIFAMILY LENDER IN THE U.S.1
You can expect exceptional client service, certainty of execution and streamlined processes when you work with the JPMorgan Chase Agency Lending team.
Options to meet your needs
Whether you’re purchasing or refinancing a multifamily property, our team of Agency Lending experts is focused on making the Fannie Mae loan process as easy as possible. We can help with:
- Affordable housing
- Market-rate properties
“If we can make financing complex transactions easier for our clients, we do. As a licensed Fannie Mae DUS lender, we help provide a consistent source of capital, regardless of market conditions.”
Vincent Toye
Head of Community Development Banking and GSE Agency Lending
A wealth of offerings
Fannie Mae multifamily FAQs
Fannie Mae loans typically close within 60 days.
Yes. Timing to rate lock can be shorter with a streamlined rate lock but should be discussed upfront with your Agency Lending team.
The LTV may be up to 75% with 1.25% amortization. Most agency loans are less than 70% LTV, but higher leverage may be available for certain property types and situations.
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Read moreReferences
1.
S&P Global Market Intelligence, FDIC, 12/31/21