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Freddie Mac Multifamily in Linton, IN

Freddie Mac Multifamily Rates in Linton, IN

SoftQuotes' Freddie Mac 5+ unit multifamily loan rates in Linton, IN are:

Small Balance Loan
$1M to $6M
5 Year Fixed 5.68% - 5.92%
7 Year Fixed 5.39% - 5.63%
10 Year Fixed 5.23% - 5.47%
Conventional Loan
$5M to $100M
5 Year Fixed 5.70% - 5.85%
7 Year Fixed 5.71% - 5.86%
10 Year Fixed 5.71% - 5.86%
Additional rate discounts of up to 0.40% for affordability. Rates updated on 12/20/2024. This is not an offer or commitment to lend. Rates based on yield maintenance prepayment penalty for SBL and defeasance for Conventional. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 21, 2024


Freddie Mac Small Balance Loans in Linton, IN

The Freddie Mac Small Balance Loan (SBL) program is designed for 5-50 unit apartment buildings and offers 5, 7 & 10 year fixed rate and hybrid ARM loan options. Linton, IN is located in the North Central region of the Freddie Mac SBL program and considered a very small market. Freddie Mac SBL loan amounts in Linton are $1 million to $6 million, with a maximum loan-to-value of 75% for purchase loans and 70% for refinance loans. The minimum debt service coverage ratio (DSCR) for loans in Linton is 1.40x. The Freddie Mac SBL program offers full term interest-only payment options in Linton, on loans up to 60% Loan-To-Value (LTV) for a 0.10% add to the rate. Partial-term interest-only payment options (1 year on a 7-year term and 2 years on a 10-year term) are also available in Linton, for an add to rate. For more on the Freddie Mac SBL program, see our guide on Freddie Mac Small Balance Loan (SBL).

Get multifamily loan quotes for Dec 21, 2024


Freddie Mac Conventional Loans in Linton, IN

The Freddie Mac Conventional loan program is designed for multifamily properties with loans from $5 million and up. In Linton, IN, this program will generally go to 75% loan-to-value (LTV) for a purchase and 70% loan-to-value (LTV) for a refinance. Most conventional loans in Linton will be required to meet a 1.30% debt service coverage ratio (DSCR). This program has a defeasance prepayment penalty. Unlike the SBL program, Freddie Mac Conventional loans are much more flexible in respect to multifamily property types, loan terms and transaction types. This program offer a variety of floating and fixed rate terms with potentially more interest only payment options.

Get multifamily loan quotes for Dec 21, 2024

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