New Fannie Mae Multi LTV Guidlines

So let me get this straight. FHA is 3.5% for multifamily, but on Nov 18th Fannie Mae is changing their guidelines to allow 95% LTV on multifamily.

FHA 3.5%

Fannie Mae 5%
And you still have to some how get the bank to magically approve you for $950,000 loan amount? 

Am I missing something here?!?!