- March 4, 2019
-- The Fannie Mae DUS Multifamily Loan program is one of the single largest sources of capital to the multifamily housing market.
The Fannie Mae Multifamily lending platform provides financing for the acquisition or refinancing of multifamily properties, including, 5+ unit apartment buildings and condominiums, Seniors Housing, Student Housing, Cooperatives, Affordable Housing and Manufactured Housing.
The DUS (Delegated Underwriting and Servicing) program is a unique private capital model providing effective, reliable financing solutions.
The DUS program relies on shared risk with private lenders providing certainty and speed of execution and competitive pricing. In short, Fannie Mae delegates its lending partners to underwrite, approve and service loans while setting the program underwriting guidelines and agreeing to purchase the mortgage at a future date.
Under the DUS lending platform, Fannie Mae is neither your lender nor servicer.
This article is published by Winston Rowe and Associates https://www.winstonrowe.com