What is the Definition of Student Housing?
Definition: A Multifamily subtype; a multifamily or multi-unit dwelling primarily occupied by students (e.g. college students).
Pages that Mention Student Housing
Fannie Mae Affordable Housing Loans - FNMA Low Income Multifamily Mortgages
Fannie Mae provides financing for student housing properties, which is defined as a conventional multifamily property where 20% or more of the units are leased to undergraduate and/or graduate students, or a property that is specifically built or leased for student housing.
Student Housing Financing - Student Apatment Loans - Commercial Loan Direct
Student housing apartment loans and student housing multifamily mortgages by Commercial Loan Direct. #1 Rated online lender offering lowest rates and closing costs financing
Fannie (FNMA) Mae Student Housing Loans
Fannie Mae loans provide financing for student housing properties, which is defined as a conventional multifamily property where 20% or more of the units are leased to undergraduate and/or graduate students, or a property that is specifically built or leased for student housing.
Story of the Month - Student Housing Refinancing
CLD - Story of the Month - Student Housing Refinancing
Fannie Mae Apartment Loan Application Process
A Fannie Mae (“Fannie Mae” or FNMA) mortgage is a loan product for apartment buildings with 5+ units. These loans can be fixed or floating and are generally non-recourse. It is a great product for various multifamily property types, including conventional apartments, affordable housing, senior housing, student housing, cooperative housing, and manufactured housing. It can also be used for mixed-use buildings where the other commercial units make up 20% or less of the gross income. Fannie Mae loans are only available for experienced multifamily investor/managers.
Freddie Mac (FHLMC) Student Housing Loans
The Freddie Mac student housing loans program provides flexible financing including both 30-year amortization and the potential for full-term interest-only.
Fannie Mae Apartment Loans
For those of you who are getting familiar with Fannie Mae Loans, this program offers federally guaranteed mortgages and is one of the largest multi-family loan programs in the country. There are both fixed and variable products available for all property types and are offered nationwide. Properties that fall under the Fannie Mae category are apartments, affordable housing, senior housing, student housing and manufactured housing. There are two major Fannie Mae loan programs in which the majority of products fall under. These loan products are called The Standard DUS Mortgage Product and the Small Loan Programs.