Today's Freddie Mac Multifamily Loan Rates
Freddie Mac Multifamily Loan Rates - Updated 2/22/25
| Freddie Mac Multifamily Loan Rates Over $6,000,000 | Free Loan Quote | ||
|---|---|---|---|
| Loan Type | Rate* | LTV | |
| Multifamily 5 Year Fixed Loan Rates | 5.55% | Up to 80% | |
| Multifamily 7 Year Fixed Loan Rates | 5.56% | Up to 80% | |
| Multifamily 10 Year Fixed Loan Rates | 5.56% | Up to 80% | |
| Freddie Mac Multifamily Loan Rates Under $6,000,000 | Free Loan Quote | ||
|---|---|---|---|
| Loan Type | Rate* | LTV | |
| Multifamily 5 Year Fixed Loan Rates | 6.01% | Up to 80% | |
| Multifamily 7 Year Fixed Loan Rates | 6.02% | Up to 80% | |
| Multifamily 10 Year Fixed Loan Rates | 6.02% | Up to 80% | |
2025 Freddie Mac Multifamily Loan Outlook
As of 2025, Freddie Mac continues to be a significant force in the multifamily housing finance sector. The Federal Housing Finance Agency (FHFA) has set Freddie Mac's multifamily loan purchase cap at $73 billion for 2025, with a requirement that at least 50% of these purchases focus on mission-driven affordable housing initiatives. This aligns with Freddie Mac’s commitment to supporting rental housing stability across the United States.
In response to financial transparency concerns, Freddie Mac is introducing stricter lending regulations aimed at reducing fraud and improving loan underwriting practices. Key changes include:
- Independent Verification: Lenders must independently verify financial details provided by borrowers.
- Enhanced Cash Reserves Checks: Stricter verification of borrower assets and income sources.
- Appraisal Due Diligence: More rigorous property valuation processes to ensure accurate assessments.
These new regulations, expected to take effect by mid-2025, aim to create a more transparent and resilient lending environment. While these adjustments may extend loan processing times, they are crucial for reducing risk and strengthening the multifamily housing finance system.
For those interested in historical loan data, Freddie Mac offers the Multifamily Loan Performance Database (MLPD), which includes detailed information on a subset of Freddie Mac’s multifamily loans dating back to 1994. This resource allows lenders, investors, and policymakers to analyze loan trends and performance.
As the multifamily housing landscape continues to evolve, Freddie Mac remains dedicated to supporting affordable housing and ensuring the long-term stability of the rental market.
Freddie Mac Multifamily Loan Benefits
Freddie Mac Multifamily Loan rates start as low as 5.55% (as of February 22nd, 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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Freddie Mac Multifamily Loan Programs
Freddie Mac offers a broad range of multifamily financing solutions tailored to meet the needs of property investors, developers, and affordable housing providers. These loans are designed to support rental housing, senior living, student housing, and manufactured housing communities. With competitive rates, flexible terms, and government-sponsored backing, Freddie Mac’s multifamily loans provide stability and liquidity to the housing market. Below are the primary Freddie Mac multifamily loan programs available:
Freddie Mac Small Balance Multifamily Loans
Designed for smaller rental properties, this program provides financing for loan amounts between $1 million and $7.5 million. These loans offer flexible fixed and floating rate options, streamlined underwriting, and lower transaction costs, making them ideal for investors looking to finance stabilized properties without the complexity of traditional commercial loans.
Freddie Mac Fixed Rate Conventional Multifamily Loans
These loans provide predictable long-term financing with fixed interest rates for the acquisition or refinancing of stabilized multifamily properties. Borrowers can secure terms of up to 30 years, high loan-to-value (LTV) ratios, and competitive rates, making them a popular option for investors seeking stability and low-interest costs.
Freddie Mac Floating Rate Multifamily Loans
Floating rate loans provide borrowers with flexibility in changing interest rate environments. These loans typically offer adjustable rates based on SOFR (Secured Overnight Financing Rate) or other indices, with options for interest rate caps and conversion to fixed rates. They are ideal for investors looking to take advantage of lower short-term borrowing costs.
Freddie Mac HUD Section 8 Financing
Freddie Mac provides specialized financing for Section 8 housing properties, ensuring long-term affordability for low-income tenants. This program supports acquisitions, refinancing, and rehabilitations, offering favorable loan terms for investors committed to maintaining affordable housing communities.
Freddie Mac Structured Pool Transaction Multifamily Loans
This program allows investors to finance multiple properties under a single structured loan transaction. By pooling assets, borrowers can secure better terms, simplify loan management, and improve portfolio efficiency, making it an excellent option for institutional investors with multiple properties.
Freddie Mac Manufactured Housing Community Apartment Loans
This program provides financing for manufactured housing communities (MHCs), offering competitive terms for borrowers looking to acquire, refinance, or improve properties in this growing sector. It supports both single-owner and investor-owned communities.
Freddie Mac Student Housing Multifamily Loans
Designed for student housing properties near universities, this program offers financing with flexible terms, high LTVs, and competitive interest rates. Eligible properties can include purpose-built student housing and conventional multifamily units catering to college students.
Freddie Mac Green Advantage Loans
Freddie Mac’s Green Advantage program offers financing incentives for property owners who commit to energy and water efficiency improvements. Borrowers can qualify for reduced interest rates and increased loan proceeds by meeting sustainability benchmarks.
Freddie Mac Lease Up Multifamily Loans
This loan program provides financing for newly constructed or recently renovated multifamily properties that are in the lease-up phase. Borrowers can secure permanent financing before reaching full occupancy, allowing for smoother transitions and improved cash flow management.
Freddie Mac Value Add Multifamily Loans
Freddie Mac’s Value Add loan program allows investors to secure financing for properties that require moderate renovations to increase rental income and occupancy rates. This program provides interest-only options during the renovation period, followed by permanent financing.
Freddie Mac Seniors Housing Multifamily Loans
Specialized financing for senior housing communities, including independent living, assisted living, and memory care facilities. This program offers flexible loan terms, high leverage, and competitive pricing for investors in the senior housing market.
Freddie Mac Tax-Exempt Bond Securitization (TEBS) Multifamily Loans
This program enables housing finance agencies and borrowers to securitize tax-exempt bonds into Freddie Mac-backed mortgage-backed securities, providing liquidity and lowering borrowing costs for affordable housing developers.
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