Enterprise’s Multifamily Mortgage Finance group provides construction and permanent financing for affordable and market-rate multifamily housing and healthcare facilities through a broad range of financial products. Our national lending portfolio totals over $436 million in 15,000 affordable apartments and homes, including 5,000 preservation units.
We are a:
- Special Fannie Mae Delegated Underwriting and Servicing (DUS®) lender
- Federal Housing Administration (FHA) approved Multifamily Accelerated Processing (MAP) lender and Ginnie Mae Issuer
- U.S. Department of Agriculture (USDA) Section 538 Rural Development lender
Our lending products finance:
- Affordable multifamily housing
- Market-rate housing
- Healthcare facilities
We offer:
- Competitive rates and terms
- Fast track underwriting for repeat borrowers
- Expertise financing complex affordable housing and preservation transactions
- A proactive approach to problem solving
- Flexibility in lending to nonprofit, for-profit and joint venture partners
Fannie Mae Products
For the acquisition, refinance, new construction and rehabilitation of affordable and market-rate multifamily housing.
FHA Products
Multifamily and healthcare loan products for nonprofit and for-profit sponsors, developers and owners.
- 221(d)(3) & (4) / Section 231: Construction and permanent financing for multifamily and seniors housing (Section 231 terms are identical except property can be age restricted for seniors only)
- 223(f): Refinancing or acquisition of existing multifamily properties
- 232 and Section 232/223(f): Financing for residential care facilities
USDA Rural Product
Debt for low-income housing tax credit (LIHTC) transactions.
TEAM 40-Year Amortization Product
Our Targeted Extended Amortization Mortgage, or 40-year amortization product, funds the mortgage when construction is complete, the property is leased-up, and other requirements are satisfied.
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Resources & More Information |
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