tips on caps and Fannie Mae

Eight tips on caps and Fannie Mae

1. We all know the better the area, the lower the Cap Rate. Average-quality buildings in the wealthiest part of town sell at Cap Rates of 6.5% or lower.

2. The more reliable the income stream, the lower the Cap Rate. Office building with a 20-year lease from Apple Computer might sell at a 4.5% Cap Rate.

Learn more at www.noworrycommercialmortgage.com

3. The more vacant land surrounding or close to the property, the higher the Cap Rate.Because if rent ever increase too high, some developer will quickly throw up a competing building.

4. Buildings in successful downtown areas sell for low Cap Rates 3.5%The

5.Federal National Mortgage Association (FNMA), commonly known as “Fannie Mae” offers federally guaranteed mortgages and is one of the largest multifamily loan programs in the country.

You should go to www.noworrycommercialmortgage.com

6. Most FNMA apartment mortgages are non-recourse (except standard carve outs) and properties are underwritten using its Delegated Underwriting Services (DUS) program to make sure that lending parameters are met.

7. Loan collateral may be traditional apartments, affordable housing, senior housing, student housing, and manufactured housing communities.

8.Loan amounts start at $750,000 and go up with terms between 5-30 years and amortizations up to 30 years.

Learn more at www.noworrycommercialmortgage.com

Because Dr. Janell McKenzie a Mortgage Loan Officer National Mortgage Licensing System #1185425 and retired chiropractic AL #1191
has done the research needed to have a no worry approach in getting your loan.

WHAT TO EXPECT FROM THE DIRECT LENDER THAT DR. McKENZIE RECOMMENDS
NO UPFRONT COST OR OBLIGATIONS, COMPETITIVE RATES AND TERMS, FOLLOW UP WITHIN 1 BUSINESS DAY

The best part borrowers can repeat this process for free until they have the right commercial loan.

Don’t wait Go to www.noworrycommercialmortgage.com
You can also click on the link directly below this video

Thanks Dr.McKenzie for sharing this important information

Leave a Reply

Your email address will not be published. Required fields are marked *