Graco Mortgage's Large Balance Apartment Loan Program provides borrowers with apartment financing needs in excess of $5 million highly completive, flexible, and financing solutions for multifamily ;properties including, senior center housing, student housing, affordable housing, and manufactured community housing (mobile home parks) properties.

With funding sources including their own portfolios, insurance companies, REITs, conduits, and direct correspondents of both Fannie Mae DUS. We provide one of the nations most competitive and aggressive apartment financing programs available.

Our Apartment Loan Program provides highly customizable products that can be structured around an individuals borrowing needs and property constraints to accomplish the desired investment objectives.

* Customizable Fixed Rate Terms - 5, 7, 10, 15, 20, 25, and 30 year terms

* Defeasance, Yield Maintenance, and Decreasing Term Prepayment Options

* High Leverage to 80% LTV with 5% Mezzanine Financing for 85% CLTV

* Single or Multi-Asset Properties

* Cash, MBS, or DMBS Execution

* 365 Day Extended Rate Locks

* Balloon or Non-Balloon Terms

* Non-Recourse above $1.50 Million

* Tiered Risk-Based Pricing

Multifamily Loan Program Options

Extended Rate Lock:  Allows borrowers to lock a fixed-rate up to 365 days prior to closing to hedge against adverse interest rate risk in a volatile or rising interest rate market.

Fannie Mae DUS Plus: Standard Fannie Mae DUS multifamily loan program combined with mezzanine financing to provide borrowers with additional leverage, maximum 85% CLTV.

Supplemental Loans:  Allows borrowers to obtain additional proceeds on properties where initial multifamily loans have been in place a minimum of 12 months.

Multi rate Mortgage?  Highly customized product combines the savings of short term interest rates with the certainty of fixed long-term interest rates.

DMBS Large Balance Apartment Loan Program

The DMBS program uses short-term discount securities to fund the mortgage for the acquisition or refinance of multifamily, seniors, and student housing properties.

For multifamily loans above $25 million, DMBS provides borrower with substantially low interest rates through variable rate pricing with the ability to covert to a fixed rate at any DMBS maturity date.

DMBS are non interest bearing securities sold a discount and repaid at par with a 3 month maturity, at which point the DMBS may be rolled over into a new DMBS or converted to a fixed rate multifamily  loan.

* Low Cost Variable Rate Apartment Financing

* Ability to Convert to a Fixed Rate Apartment Loan at DMBS Maturity

* No Yield Maintenance Prepayment - Fee Maintenance or 1% Prepayment Fee

* Single or Multi Asset Properties

* 5, 7, or 10 Year Terms

* Interest Only Payment Option

*Multi Asset Minimum of $50 Million

* Up to 30 Year Amortization

* Supplemental Loan Eligibility