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Updated almost 7 years ago on . Most recent reply

User Stats

44
Posts
23
Votes
Artem Lopatchenko
  • Rental Property Investor
  • Raleigh, NC
23
Votes |
44
Posts

Affordable Housing Mortgage - What do you know?

Artem Lopatchenko
  • Rental Property Investor
  • Raleigh, NC
Posted

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. 

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