Fannie Mae Affordable Housing Preservation Multifamily Loan
Our Fannie Mae Multifamily Loan Benefits
Fannie Mae Multifamily Loan rates start as low as 5.39% (as of March 29th, 2025)
• A commercial mortgage broker with over 30 years of lending experience
• No upfront application or processing fees
• Simplified application process
• Financing up to 80% LTV
• Terms and amortizations up to 30 years
• Long term fixed rates
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation

The Fannie Mae Affordable Housing Preservation Multifamily Loan offers long term financing to owners of stabilized affordable housing properties with rent restrictions. With the demand for affordable housing on the rise, this product is a great option for borrowers looking to invest in this space. These loans offer competitive pricing and flexible loan terms for both acquisitions and refinances of affordable multifamily properties. If you are looking for a loan with certainty and speed of execution, this is definitely a great option for you!
Fannie Mae Affordable Housing Preservation Multifamily Loan Highlights
Loan Amount - $1,500,000 and up
Loan Terms- 5 to 30 years
Amortization- Maximum of 35 years
LTV- Up to 80% available
DSCR - Minimum of 1.20x
Interest Rate - Product offers both fixed and variable rate options
Eligible Properties:
Properties must meet the following low-income qualifying guidelines:
- At least 20% of all units must be occupied by families earning no more than 50% of Area Median Income (AMI);
- At least 40% of all units must be rented to families earning no more than 60% of AMI; or
- Project-Based Housing Assistance Payments contract (Section 8) covering 20% or more units.
Prepayment Penalty - Flexible options including both yield maintenance and standard step down
Recourse - Loans are non-recourse with standard “bad boy” carve-outs
Loan Assumption - Loans are assumable subject to lender’s discretion and resume of new borrower
Escrows - Typically require replacement reserves and escrows for taxes and insurance
Other Terms:
- Supplemental loans are usually available
- Borrowers can lock rates for 30 to 180 day commitments
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