Glossary

Fannie Mae Small Balance

In one sentence

Fannie Mae's small-loan multifamily execution through its DUS lenders, serving smaller apartment properties with agency terms.

The longer version

Fannie's small-balance multifamily lending gives smaller apartment deals access to agency pricing and terms through delegated DUS lenders, paralleling Freddie's SBL on the Fannie side.

The standardized agency process is the same story: known requirements reward lenders who template the exhibit and document lists per program.

Common questions

What is Fannie Mae small balance lending?
Fannie Mae's multifamily execution for smaller loans, delivered through its DUS lenders with streamlined underwriting.
Who is it for?
Owners of smaller apartment properties seeking agency terms without the cost and complexity of larger agency loans.
How does it compare with Freddie Mac SBL?
Both target smaller multifamily loans through approved lenders. Terms, eligibility and processing differ by agency and program.
Keep reading
From the definition to the deal

See this item on a live closing.

Send us one live deal. We will build the room on your own checklist, fannie mae small balance included.