Small Balance Commercial Loans – Freddie Mac

Grow Your Portfolio with Freddie Mac Small Balance Commercial Loans

Navigating Small Balance Commercial Real Estate with Ease

640

Minimum Credit Score

Varies

Maximum Debt To Income

80%

Maximum Loan To Value

$7.5M

Maximum Loan Amount

With 1 Application,130 Mortgage Lenders Will Compete For Your Business

Unlock unparalleled opportunities with a single application. Dive into a competitive marketplace where 130 top-tier mortgage lenders vie to offer you the best terms, ensuring you get the deal you deserve. It’s not just about choice; it’s about empowering you with the best options available.

🔒Does not Affect Credit. No SSN until you’re ready.

Innovative Mortgage offers a variety of loan options, including Freddie Mac Small Balance Conventional Loans, which are an excellent fit for borrowers seeking financing for smaller multifamily properties. As a brokerage, we have the advantage of working with various lenders, each with their own unique overlays, allowing us to tailor the loan to your specific needs and secure the most competitive quote available.

What You Need to Know About Freddie Mac Small Balance Loans:

Loan Purpose: These loans are intended for the purchase or refinance of smaller multifamily properties.
Loan Amounts: They range from $1 million to $5 million, targeting properties with five to 50 units.
Property Types: Eligible properties include traditional, affordable housing, seniors housing, student housing, and manufactured housing communities.
Borrower Criteria: Borrowers must be a single-asset U.S. entity with all U.S. principals, although there may be allowances for foreign ownership interests.
Loan Parameters: These loans may have fixed or floating rates, typically amortized over 25-30 years with a balloon payment due at the end of the term, unless it is a self-amortizing portfolio loan.
Underwriting Standards: Freddie Mac Multifamily maintains high underwriting standards for loan quality, with a focus on each loan’s unique risks. This may involve more detailed underwriting for small properties, leveraging the strength of conventional multifamily loan business practices.

Why Choose Innovative Mortgage for Your Freddie Mac Small Balance Loan:

Personalized Matching: We will evaluate the specifics of your loan and work with our network of qualified, experienced lenders to find the best fit for your circumstances.
Competitive Rates: Our access to various lenders means we can provide competitive rates that may not be directly available to borrowers.
Experienced Guidance: Our team understands the nuances of Freddie Mac small balance loans and will guide you through the process.
Streamlined Service: We value efficiency and clarity, striving to make your loan experience as seamless as possible.

Preparing Your Application:

For a Freddie Mac Small Balance Loan through Innovative Mortgage, you’ll need to provide:

Six Months of Bank Statements: This helps in assessing your financial stability and cash flow.
Six Months of Merchant Processing Statements: If applicable, these documents will be reviewed to understand the transaction history and volume of your business.

These documents are essential in evaluating your eligibility and the terms of your loan.

Get Started Today:

If you’re considering a Freddie Mac Small Balance Loan for a multifamily property, Innovative Mortgage is ready to assist you. We’ll leverage our expertise and lender relationships to secure optimal financing for your investment.

Contact us at Innovative Mortgage to begin the discussion about your Freddie Mac Small Balance Loan needs. Let us put our resources to work for you, ensuring a tailored, competitive loan for your real estate investment.

Pros of Small Balance Commercial Loans

Streamlined Process

Freddie Mac's small balance loans come with a streamlined process, making it easier for you to get funding.

Competitive Rates

Benefit from Freddie Mac's competitive rates, often lower than traditional banks.

Non-Recourse Loans

These loans are often non-recourse, limiting your personal liability.

Cons of Small Balance Commercial Loans

Prepayment Penalties

These loans may come with prepayment penalties, though they are often declining.

Regulatory Requirements

As with any government-backed loan, there are strict regulatory requirements to adhere to.

Key Issues That Will Get Early Attention

Navigating the Application Process

We'll guide you through the application process to ensure you have the best chance of success.

Understanding the Regulatory Landscape

Our experts will help you navigate Freddie Mac's regulations to ensure compliance.

Optimizing Your Loan Structure

We'll help you structure your loan to mitigate any potential prepayment penalties.

Maximizing Your Investment

With our support, you can rest assured you're making the most of your commercial real estate investment.

We're Simply Better and Not Just on Price...

We Have More Lenders and More Loan Programs

Diverse Choices, Tailored for You: With a vast array of lenders and loan programs, we ensure a perfect fit for your unique financial needs.

Our Loyalty is To YOU not the lender

Your Interests, Our Priority: Our commitment is to you, not the lenders, ensuring unbiased and dedicated support throughout your mortgage journey.

Non QM, Convert to Cash and Flexible Funding Options Available

Flexible, Innovative Financing: Explore Non-QM loans, easy cash conversion options, and flexible funding solutions tailored for your financial freedom.

🔒No Credit Pull, No Obligation.

Compare For Yourself

Explore the difference that sets us apart in the financial world. See how our innovative services and unmatched benefits distinguish us from the competition, ensuring you make an informed choice.

Lightning Loans

Local Bank Branch

Big Name Online Lenders

Shops Hundreds of Lenders

Scans Thousands of Programs To Find You The Best Available

Is Loyal to Borrowers and Not Lenders

Has Multiple No Tax Return Mortgage Options

Can Show You Conventional and Non QM Options

Multiple 100% Financing Options for First Time Home Buyers

Can Do Hard Money, Bridge Financing and Other Unique Funding Types

🔒No Credit Pull, No Obligation.

You need a tenacious loan officer who has obsessively over-prepared and knows every single trick in the book to secure the ideal mortgage for your unique situation

And that is exactly what you'll find when working with me…

Read What Our Happy Clients Have to Say

Don't Wait, Secure Your Perfect Mortgage Today

"Andres is dependable, reliable and productive to the highest degree. His services will be required by our company in the future, and unequivocally we will be contracting him."

"A true example of a multitasking 24/7 powerhouse with no deal is too small attitude coupled with creative thinking and always open mind!!!"

"Lightning Loans made the mortgage process so easy and stress-free. Their team is knowledgeable and dedicated to providing tailored solutions for each client. I highly recommend them." -

1. Unparalleled Access to Mortgage Options With a Single Application

With a single application, we’ll comparison shop thousands of loan programs across hundreds of lenders.

This includes conventional loans at 130 different sources, FHA loans at 130 different sources, and even bank statement or no tax return options. If a mortgage product exists, we have access to it.

No more wondering if you’re getting the best deal – we’ll make sure of it.

2. Expert Guidance and Outstanding Communication

With over two decades of experience working with clients, I’ve developed a keen sense of what my clients need and when they need it.

It’s almost like having a psychic connection!

I pride myself on putting my clients first and providing outstanding communication throughout the entire mortgage process.

3. A Faster, Easier Path to Perfect Mortgage Loans For Your Specific Situation

Say goodbye to the headaches and hassles of traditional mortgage processes.

With Lightning Loans, you’ll enjoy a streamlined, efficient journey that gets you to your goals faster and with less stress.

You’ve got enough to worry about, let us put your mind at ease with regard to your mortgage financing.

We only request the things that are absolutely necessary

4. The Peace of Mind Knowing You've Made the Right Choice Because You've Seen ALL Your Options

When you work with Lightning Loans, you’re not just getting a mortgage –

You’re getting a partner who is committed to your success.

We’ll go above and beyond to ensure that you’ve made the best possible choice for your unique situation.

These might just seem like words on a page but one conversation with us and it will be abudantly clear to we walk our talk.

Experts at your service.

Meet the experts committed to providing you with exceptional financial solutions

Andres Garcia

Loan Officer

Dedicated, high energy real estate expert that is adept at working with investors and traditional borrowers.

Your Contact

Andrew Kashella

Senior Vice President

Mortgage Industry veteran responsible for thousands of loan originations and billions in closings.

Bryan P. Ehrlich

CEO/General Counsel

Founder, Juris Doctor and Lead Counsel for Innovative Mortgage Services.