The Freddie Mac Small Balance Loan Program for Multifamily properties is gaining in popularity every day. In many ways this loan program is ideal for multifamily properties in the 20 to 75 unit range. The maximum amount that can be borrowed is $5 million while $1 million is the minimum. This loan can be closed and funded in under 60 days if the borrower is responsive.
Another compelling reason to consider this type of loan is the costs to the borrower […]