Does Fannie Mae Offer Commercial Loans for Commercial Real Estate

Fannie Mae does offer commercial loans for commercial real estate, but with some limitations. They focus primarily on multifamily properties, offering financing for apartments and condominiums.

Fannie Mae's commercial loan options for commercial real estate are generally limited to properties with five or more units. This is a key factor to consider when determining whether a property qualifies for a Fannie Mae loan.

Fannie Mae's commercial loan offerings are designed to support the acquisition, refinance, or rehabilitation of multifamily properties. These loans are available to a variety of borrowers, including non-profit organizations and for-profit companies.

Fannie Mae's commercial loan terms can vary, but they often offer competitive interest rates and flexible repayment options.

Fannie Mae Commercial Loans offer a range of financing options for multifamily properties. The Fannie Mae DUS Loan Program is their most popular product, providing loan sizes up to $3 million with no upper limit, and a minimum unit requirement of 5 units.

Fannie Mae DUS Loans have a maximum LTV allowance of 80% and offer non-recourse financing with standard carve-outs applying. Mezzanine financing is also available, and rate locks can be secured with both early and extended options.

To get a Fannie Mae Multifamily Quote, you'll need to provide a Trailing 12 Month Operating Statement, a Current Rent Roll/Occupancy Report, and Interior/Exterior Photos of the Property. A Personal Financial Statement, including a schedule of real estate owned, and a Real Estate Resume (if applicable) are also required.

Fannie Mae DUS Loans are assumable, but require lender approval and a 1% fee. Additionally, up to 35% of space can be filled by commercial tenants, but this is capped at 20% of rental income. Properties with a large concentration of student or military tenants may also qualify for special programs.

Fannie Mae offers a range of commercial lending options for multifamily properties, including the Fannie Mae DUS Loan Program, which is their most popular multifamily financing product.

This program offers loans with a minimum of $3 million and no upper limit, with a minimum unit requirement of 5 units. Additionally, the program allows for 35% of space on DUS loan properties to be filled by commercial tenants, up to 20% of rental income.

Fannie Mae also has a Small Loan Program for smaller multifamily loans with faster, more streamlined processing. This program offers loans with a minimum of $750,000 and a maximum of $5 million, with a minimum unit requirement of 5-50 units.

To qualify for a Fannie Mae commercial loan, you'll need to provide documentation such as a trailing 12-month operating statement, current rent roll/occupancy report, interior/exterior photos of the property, personal financial statement, and real estate resume (if applicable).

Here's a summary of Fannie Mae's commercial lending options:

Fannie Mae's commercial lending options can be a great choice for multifamily property owners and investors, offering flexible terms and competitive rates.