Eligibility comes before headline leverage
Coverage and occupancy can reduce proceeds below a published maximum.
Multifamily / stabilized
Agency Multifamily Financing
Agency financing for qualifying multifamily acquisitions and refinances.
Explore representative terms
01 / Program overview
Where it fits.
Kiser evaluates agency financing against the property’s income, condition and ownership plan. Fannie Mae and Freddie Mac programs have distinct underwriting requirements. The representative terms below provide a starting point for comparing available structures.
Suitable transactions
- Purchase an established apartment property.
- Replace transitional debt after occupancy and income stabilize.
- Compare long-term fixed and variable-rate multifamily options.
What we evaluate
- Occupancy history, concessions, collections and normalized expenses.
- Property condition, replacement needs and third-party reports.
- Borrower structure, ownership, experience and liquidity.
02 / Market guide
Representative
Market Terms
Guidelines vary by agency program, property and transaction.
Discuss your scenario| Parameter | Guideline / consideration |
|---|---|
| Loan Amount | $1M to $100M+ |
| Loan-to-Value | Up to 80% |
| Term | 5–30 years |
| DSCR | 1.20x–1.35x minimum |
| Rate | Fixed or floating |
| Amortization | 30 years; interest-only available |
| Prepayment | Yield maintenance; step-down prepayment options available |
| Closing | Typically 45–60 days |
| Lending Areas | Nationwide |
Representative terms are subject to market conditions, underwriting and lender or investor approval. Actual proceeds and structure depend on the transaction.
03 / Structure matters
Look beyond
the headline.
Plan for an early sale
Prepayment provisions and assumption requirements deserve review before selecting the term.
Start with the property
Let’s discuss the next step.
Share the property type, business plan and timing. We’ll use that context to evaluate the capital strategy.
Discuss Agency Multifamily Financing