Since 1970, Freddie Mac and the Program Plus™ lender network has been providing competitive financing for market-rate multifamily, affordable multifamily, manufactured housing communities, student housing, and senior care housing. Supported by loan origination companies like CRELender, Freddie Mac offers financing for acquisition, refinance, rehabilitation and construction of multifamily and senior care communities across America. Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970 to keep money flowing to mortgage lenders. Freddie Mac has a multifamily mortgage portfolio worth more than $99 billion, developed in part by the nation’s best lenders.
CRELender gives borrowers access to the benefits of securitization including a more streamlined, yet still flexible, path to funding and more competitive pricing than a typical portfolio execution through the Freddie Mac Program Plus™ network. Given that CRELender is an industry leader, borrowers who choose a Freddie Mac loan enjoy competitive pricing, innovative mortgage products, and people who have the knowledge and experience necessary to provide financing. CRELender offers access to Freddie Mac’s full suite of multifamily and senior care housing financing products, including early rate lock options for stabilized properties, as well as those in lease-up or properties undergoing renovations and capital improvements.
Additionally, CRELender specializes and serves low-income tenant populations by utilizing low-income housing tax credits, historic tax credits, new markets tax credits and various government programs for subordinated loans or grants. CRELender is committed to increasing the availability of affordable rental housing in the United States. Freddie Mac generally considers low income as income at or below 80 percent of the area median income, with adjustments for smaller and larger families.
Our expertise in originating, structuring, underwriting, and closing loans allows us to deliver the most appropriate financing solutions to our borrowers. We have the ability to structure financing solutions for single asset transactions as well as multiple asset deals. Thanks to innovative and proven solutions, we can accommodate even the largest, most complex deals in the market today. We also provide a wide array of Freddie Mac payment options, such as Fixed-to-Float, Early Rate-Lock, Interest-Only, Supplemental Loans, Streamlined Refinance, and Actual/360 and 30/360 interest-rate options.
Input your loan request online now for fast flexible financing at competitive low rates.