Agency Financing

Fannie Mae & Freddie Mac Agency Loans

Agency loans from Fannie Mae and Freddie Mac are the most competitive financing option for stabilized multifamily properties. These government-sponsored enterprise programs offer the lowest rates, highest leverage, and longest terms available for conventional, affordable, and manufactured housing communities nationwide.

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Key Features

Agency Loans at a Glance

Loan Amount

$1M to $100M+

Term

5 to 30 Years

Rates

5.34% to 6.75%

Ltv

Up to 80% LTV

Amortization

30 Years

Recourse

Non-Recourse Standard

Overview

Fannie Mae & Freddie Mac Multifamily Financing

Agency financing dominates the multifamily capital markets because Fannie Mae and Freddie Mac are purpose-built to provide liquidity for rental housing. Program options include Fannie Mae DUS and Small Balance Loans, Freddie Mac Optigo Conventional and Small Balance Loans, and specialized executions for affordable, seniors, student, and green-certified properties. Commercial Lending Solutions has direct relationships with every major agency DUS and Optigo lender, ensuring borrowers see the full menu of rate, term, and structure options before locking a quote.

Lender Sources

Fannie Mae DUS Lenders
Freddie Mac Optigo Lenders
Fannie Mae Small Balance Loan Lenders
Freddie Mac Small Balance Loan Lenders

Ideal For

Stabilized conventional apartments
Affordable and workforce housing
Manufactured housing communities
Student housing properties
Senior independent and assisted living
Green-certified and energy-efficient multifamily

Agency Loans by City

Bridgeport-Stamford, CT

Hilton Head Island, SC

Related Property Types

Agency Loans are available for all major commercial property types. Explore financing by property category.

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FAQ

Agency Loans FAQ

Agency loans are multifamily mortgages originated by Fannie Mae DUS and Freddie Mac Optigo lenders and purchased or securitized by the agencies. They are the most competitive source of capital for stabilized apartment properties, offering the lowest rates, highest leverage, and longest terms in the market.

Agency small balance loan (SBL) programs start at $1,000,000, while the standard DUS and Optigo programs typically begin at $5M to $6M. Both programs scale up to $100M+ per loan for larger portfolio transactions.

Fannie Mae and Freddie Mac agency rates typically range from 5.34% to 6.75% depending on term, leverage, and property quality. Green-certified and affordable properties often qualify for additional rate discounts of 10 to 20 basis points.

Yes. Both Fannie Mae and Freddie Mac agency loans are non-recourse as standard, subject only to customary carve-out guarantees for fraud, intentional misrepresentation, environmental liability, and other bad-boy acts.

Agency loans typically close in 45 to 90 days. Small balance loans often close faster (30 to 60 days) because they use streamlined underwriting, while large conventional deals with complex structures may take 90 days or more.

Agency financing is available for conventional multifamily, affordable and workforce housing, manufactured housing communities, student housing, seniors independent living, and certain assisted living properties. Pure seniors housing with heavy care is typically financed through HUD 232 rather than agency.

Ready to Get Agency Financing?

Contact Commercial Lending Solutions for a free, no-obligation quote on agency loans. We respond within 24 hours.

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Call: 310.708.0690 Text: 310.758.3064

Fannie Mae & Freddie Mac Agency Loans

Agency Loans at a Glance

Fannie Mae & Freddie Mac Multifamily Financing

Lender Sources

Ideal For

Agency Loans by City

Related Property Types

Related Insights

Agency Loans in Palm Springs: What Borrowers Need to Know

Agency Loans in Santa Cruz: What Borrowers Need to Know

Agency Loans in San Luis Obispo: What Borrowers Need to Know

Agency Loans FAQ

Ready to Get Agency Financing?

Weekly Market Intelligence

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