Loan Product
Fannie Mae & Freddie Mac Multifamily Agency Loans Nationwide
Fannie Mae DUS and Freddie Mac Optigo agency loans for stabilized multifamily and affordable housing — the lowest-cost, longest-term non-recourse debt available in the market.
Loan Size
$1M – $500M
LTV
Up to 80%
Term
5 – 30 years
Rate Range
5.0% – 6.5%
Recourse
Non-recourse
Asset Type
Multifamily only
Agency loans are multifamily mortgages purchased by Fannie Mae and Freddie Mac. Rad Capital Group works with DUS and Optigo seller/servicers nationwide to place agency debt on conventional apartments, affordable housing, senior housing, student housing, and manufactured housing communities of five or more units.
Agency debt is the lowest-cost, longest-term, non-recourse permanent financing available for multifamily. Loan sizes typically range from $5 million to $500 million with leverage up to 80% LTV, 30-year amortization, and 5- to 15-year fixed-rate terms. Rates commonly fall between 5.0% and 6.5%, depending on Treasury yields and the spread environment.
Freddie Mac Small Balance Loan (SBL) and Fannie Mae Small Loan programs accommodate transactions from $1M–$7.5M with streamlined processing. Larger conventional executions add interest-only periods, supplemental loans, and assumption rights that make agency debt the most flexible long-term multifamily product.
We also access agency mission-driven pricing for affordable housing, LIHTC properties, green/energy-efficient projects, and workforce housing — often delivering 25–75 bps of spread savings versus conventional execution.
Frequently Asked Questions
What is the difference between Fannie Mae DUS and Freddie Mac Optigo?
Both are non-recourse multifamily programs with similar pricing. Fannie Mae DUS lenders have delegated underwriting authority for faster execution; Freddie Mac Optigo uses a prior-approval model with strong mission-driven pricing for affordable and workforce housing.
What's the minimum loan size for agency debt?
Freddie Mac SBL starts at $1M, Fannie Mae Small Loan at $750K, and conventional agency executions typically start at $5M.
Related Financing
Loan Product
CMBS Loans
Fixed-rate, non-recourse commercial mortgage-backed securities (CMBS) financing for stabilized hotels, retail, office, multifamily, industrial, and self-storage properties.
Loan Product
Bridge Loans
Short-term commercial bridge financing for acquisitions, value-add repositioning, and time-sensitive recapitalizations — placed with 150+ direct bridge lenders nationwide.
Asset Class
Multifamily Financing
Agency, bridge, CMBS, and construction loans for multifamily — conventional apartments, affordable housing, student housing, senior housing, and workforce housing in every U.S. market.
Ready to explore agency loans (fannie mae & freddie mac)?
Initial term sheets in as little as 2 weeks. Nationwide.