Dominion Financial’s Post

Freddie Mac SBL recently cut rates by 10bps! Attached is Berkadia's small balance multifamily rate sheet for Freddie Mac SBL and Fannie Mae Small Loans. Quick Freddie Mac SBL program summary below (reach out for full program sheet). Freddie Mac SBL: $1.0M-$7.5M UPB (80% LTV; 1.20x DCR - Top Markets); 5/7/10-year fixed (20-year hybrid ARM available), IO available, 30-year amortization, non-recourse (w/ bad boy carveouts), YM/1.00% prepay (stepdowns available), coupon pricing held @ app, etc. Rate & terms are subject to change contingent on (i) loan size, (ii) "mission driven" affordability %, (iii) buydown %, (iv) interest only term, (v) prepayment structure, (vi) asset location, and (vii) borrower quality - among other factors. Berkadia is the #1 Freddie Mac Optigo, #2 Fannie Mae DUS, and #3 HUD/FHA MAP multifamily lender in the nation with 45+ life company correspondent lending relationships as of YE 2022. Next time you’re in the market to refinance, acquire, or break ground on your next apartment building, give us a call for a quote! Ian Stuart Director - Commercial Mortgage Banking Berkadia Commercial Mortgage LLC ian.stuart@berkadia.com (206) 572-4103

"A so-called exit strategy maps out how the borrower will move out of the private lending space to a traditional lender. That can involve refinancing, using available cash to reduce or pay off the loan or outright selling the property." #privatemortgage #debtcrisis #homeowners #mortgageadvice

The commercial and #multifamily mortgage loan originations remaining essentially unchanged in the first quarter of 2024 compared to a year ago, with a 23% decrease from the fourth quarter of 2023, indicates a stagnant and cautious lending environment, according to Commercial Property Executive. This suggests that lenders and investors are maintaining a cautious approach due to ongoing economic uncertainties, high interest rates, and limited credit availability. The decline from the previous quarter highlights potential challenges in securing financing, which could slow down new developments and transactions in the #CRE market. https://hubs.la/Q02BZw540

Challenging times. Resilient professionals. Encouraging performance. Clear vision. Sustained commitment. Realistic update from Gantry on H1 2023 Commercial Mortgage Trends & Market Landscape. #commercialrealestate #commercialrealestateinvesting #commercialmortgage https://lnkd.in/gbCrug2E

Better launches fully digital VA loan with no minimum down payment - HousingWire ... home equity lines of credit and other consumer finance products unrelated to home lending. ... How to become a luxury real estate agent · Real estate  ... Read more on the link below. #RealEstate #Mortgage #News

Mortgage Vintage stands as a pivotal bridge for borrowers navigating the complexities of the private money lending landscape. Explore how they're transforming private lending by visiting Mortgage Vintage https://lnkd.in/eGAT8YE #whymortgagevintage

In recent moves, the Consumer Financial Protection Bureau (CFPB) has taken significant steps to address the complexity and high costs associated with mortgage loan pricing structures. This initiative is designed to make the mortgage process more transparent and affordable for consumer 🧐 📰 Learn more by Subscribing to our Newsletter at info@MortgageSolutionswithSynergy.com https://lnkd.in/gzhftxGC

Mortgage Vintage stands as a pivotal bridge for borrowers navigating the complexities of the private money lending landscape. Explore how they're transforming private lending by visiting Mortgage Vintage https://lnkd.in/d_rCx_E #whymortgagevintage

Mortgage Vintage stands as a pivotal bridge for borrowers navigating the complexities of the private money lending landscape. Explore how they're transforming private lending by visiting Mortgage Vintage https://lnkd.in/gzuzpQy9 #whymortgagevintage