Today's Freddie Mac Multifamily Large Balance Rates

Freddie Mac Multifamily Rates - Updated 4/18/25

Freddie Mac Multifamily Rates Over $6,000,000 Free Loan Quote
Loan Type Rate* LTV
Multifamily 5 Year Fixed Loan Rates 5.36% Up to 80%
Multifamily 7 Year Fixed Loan Rates 5.50% Up to 80%
Multifamily 10 Year Fixed Loan Rates 5.52% Up to 80%
*Rates start as low as the rates stated here. Your rate, LTV and amortization will be determined by underwriting.

2025 Freddie Mac Multifamily Large Balance Overview

Select Commercial, a leader in multifamily lending with over 30 years of experience, offers tailored financing solutions through the Freddie Mac large balance multifamily loan program. This program provides real estate investors with an efficient and cost-effective way to finance substantial multifamily properties, including market-rate apartments, affordable housing, student housing, senior living communities, and manufactured housing.

With competitive terms, flexible loan structures, and high leverage options, these loans support the growth and stability of the multifamily housing sector.

Key Features

  • Loan amounts start at $5 million, with potential to exceed $100 million.
  • Fixed-rate and floating-rate structures available, with terms from 5 to 30 years.
  • Amortization periods up to 30 years for manageable debt payments.
  • Loan-to-value (LTV) ratios up to 80%, providing substantial leverage.
  • Minimum debt service coverage ratio (DSCR) of 1.25x ensures sufficient income to cover obligations.
  • Non-recourse financing limits borrower liability beyond the pledged collateral.
  • Full-term and partial-term interest-only options for optimized cash flow.
  • Early rate lock available to mitigate interest rate fluctuations.
  • Supplemental loan options allow additional financing without refinancing the existing mortgage.

Eligibility Requirements

  • Minimum credit score of 660-680 to secure favorable terms.
  • Net worth must be at least 100% of the loan amount, with liquid assets of at least 10% of the loan amount.
  • Preference for borrowers with prior ownership or management of multifamily properties.

Advantages of Freddie Mac Large Balance Multifamily Loans

  • Competitive interest rates reduce borrowing costs.
  • Flexible financing structures, including fixed, floating, and hybrid loan options.
  • High loan-to-value (LTV) ratios up to 80% enable greater leverage.
  • Non-recourse terms protect borrowers from personal liability.
  • Streamlined approval process with efficient underwriting.

Considerations Before Applying

  • Property eligibility must meet Freddie Mac’s underwriting standards.
  • Financial qualifications require borrowers to demonstrate strong credit and liquidity.
  • Application process requires comprehensive financial statements and property performance data.

Freddie Mac Multifamily Loan Benefits

Freddie Mac Multifamily Loan rates start as low as 5.36% (as of April 18th, 2025)
• A commercial mortgage broker with over 30 years of lending experience
• No upfront application or processing fees
• Simplified application process
• Up to 80% LTV on multifamily
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation


 

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