Updated almost 7 years ago on . Most recent reply

Affordable Housing Mortgage - What do you know?
Hi all,
As of yesterday, Freddie Mac started offering loans for affordable housing with rent controls. It looks like the new Mezzanine loan product is offering up to 90% LTV on multifamily properties.
Does anyone have any additional information on the loan products? Are these loans limited to large multi-family or are units as small as 5+ eligible? Any information is appreciated.