Freddie Mac Multifamily Loans: Flexible Solutions for Apartment Investors (U.S.)

Freddie Mac multifamily loans are a top choice for US investors looking to purchase, refinance, or renovate apartment buildings. With a wide range of programs, competitive rates, and flexible terms, Freddie Mac helps you achieve your multifamily investment goals.

Why Choose a Freddie Mac Multifamily Loan?

• Wide Program Selection: Conventional, small balance, affordable, student, and senior housing
• Competitive Rates: Fixed and floating options
• Non-Recourse: Most loans are non-recourse, protecting personal assets
• High Leverage: Up to 80% LTV for qualified properties
• Flexible Terms: Up to 30 years

Loan Highlights

• Eligible Uses: Purchase, refinance, or renovate multifamily properties (5+ units)
• Loan Amount Range: $1 million to $100+ million
• Interest Rate: Fixed or floating, market-competitive
• Loan Term: 5 to 30 years
• Amortization: Up to 30 years
• Maximum LTV: Up to 80%
• Non-Recourse: Standard for most loans
• Prepayment: Flexible options, including yield maintenance and declining penalty

Advantages

• Diverse Programs: Tailored for different property types and investor needs
• Non-Recourse: Limits personal liability
• High Leverage: Finance more with less down
• Flexible Terms: Match your investment strategy
• Competitive Rates: Save on interest

Disadvantages

• Strict Underwriting: Detailed documentation and property performance required
• Minimum Loan Size: Typically $1 million or more
• Property Type Restrictions: Must be multifamily (5+ units)
• Prepayment Penalties: May apply for early payoff

Eligibility & Property Types

Freddie Mac multifamily loans are available for:

• Apartment buildings (5+ units)
• Affordable housing
• Student housing
• Senior housing
• Manufactured housing communities

Borrower requirements:

• US-based entity or individual
• Experience with multifamily properties preferred
• Strong credit and financials
• Property must meet Freddie Mac standards

Frequently Asked Questions

What is a Freddie Mac multifamily loan?

A government-sponsored loan program for purchasing, refinancing, or renovating apartment buildings (5+ units) in the US.

What are the main benefits of Freddie Mac loans?

Diverse programs, non-recourse, high leverage, and flexible terms.

What are the downsides?

Strict underwriting, minimum loan size, and property type restrictions.

What types of properties are eligible?

Multifamily (5+ units), affordable, student, and senior housing.

How much can I borrow?

$1 million to $100+ million, depending on property and borrower qualifications.

Real Stories

“Freddie Mac financing gave us the flexibility to expand our apartment portfolio and access great rates. The process was detailed, but the support was excellent.”
— Apartment Investor, New York

Ready to Take the Next Step?

Or, explore your numbers with our Commercial Loan Calculator.

Glossary

• Freddie Mac: A government-sponsored enterprise (GSE) that provides liquidity to the US mortgage market. Learn more
• Non-Recourse Loan: A loan where the lender’s only remedy in case of default is to take the property, not personal assets. Learn more
• LTV (Loan-to-Value): The ratio of loan amount to property value. Learn more

Expand your apartment portfolio with Freddie Mac. Flexible, powerful financing for multifamily investors.
Get My Free Review