Maximize your multifamily housing investment with unique, flexible capital solutions.

Agency Lending
CPC is a one-stop-shop providing our borrowers with a team of experts that have deep experience in Agency lending. We are a nationally licensed Fannie Mae lender, Freddie Mac Seller/Servicer and Federal Housing Administration (FHA) Multifamily Accelerated Processing (MAP) approved lender. Whether for acquisition, refinancing, or rehabilitation, CPC provides certainty of execution and a team of originators, analysts and underwriters solely dedicated to the multifamily Agency lending process.
Fannie Mae Multifamily Affordable Housing
  • Flexible loan terms, and fixed- or variable-rate financing options
  • Flexible underwriting to specific affordable developments
  • 5 - 30-year terms

Fannie Mae Multifamily Affordable Housing (MAH) loans preserve the affordability of subsidized rental housing through long-term financing. CPC can offer flexible terms and competitive pricing, fixed- or variable-rate financing options, and certainty and speed of execution. Eligible projects include various affordable housing modalities such as expiring Low-Income Housing Tax Credit deals, refinancing of tax-exempt bonds, RAD-eligible properties, HUD Section 8 HAP Contract properties, existing Rural Housing Services Section 515 loans, and loans insured under Sections 202 or 236 of the National Housing Act.

 

Eligible Uses
  • Acquisition
  • Refinance
  • Rehabilitation
Term Sheets
Contact
Fannie Mae Small Mortgage Loan Program
  • 5 - 30-year terms
  • Loans up to $3 million nationwide; Up to $5 million in certain eligible markets
  • Eligibility: Conventional properties; Multifamily Affordable Housing Properties; Cooperative Properties (market rate); and Manufactured Housing Communities.

CPC offers financing tailored to the unique needs of small building owners with flexible loans up to $3 million. In large markets, the flexibility of these products streamlines underwriting, provides quick closing, and guarantees an easy execution that is predictable across all market cycles.

Eligible Uses
  • Acquisition
  • Refinance
Contact
FHA 221(d)(4)
  • Multifamily construction or substantial rehabilitation financing
  • 40-year terms
  • Northeast Region and others on case by case basis.
  • Minimum loan size: $2 million

CPC is a MAP-approved lender. The 221(d)(4) product is a fixed-rate construction and 40-year permanent loan covering the substantial rehabilitation or new construction of a multifamily property.

Contact:

Timothy Deegan, Vice President, Manager of FHA Lending & Originations
TDeegan@communityp.com
646.822.9346

Eligible Uses
  • New Construction
  • Rehabilitation
Term Sheets
FHA Section 223(f)
  • Multifamily refinance and acquisition
  • Long-Term fixed rate
  • Up to 90% LTV

The Community Preservation Corporation (CPC) is a MAP approved lender. This loan product is for the purchase or refinance of existing multifamily housing with rehabilitation work allowed.

Contact:

Timothy Deegan, Vice President, Manager of FHA Lending & Originations
TDeegan@communityp.com
646.822.9346

Eligible Uses
  • Acquisition
  • Refinance
Term Sheets
Freddie Mac Conventional Financing
  • Loan Size: $5 million - $100 million
  • 5, 7, 15 -Year Terms; 30 Year Amortization Standard
  • Fixed Rate

CPC is a long-time Freddie Mac Seller/Servicer and offers a full range of competitively priced, reliable mortgage products for the acquisition or refinance of multifamily properties. Fixed-rate and floating-rate loans are available ranging from $5 million to $100 million, with 5- to 10-year terms.

Freddie Mac Small Balance Loan (SBL)
  • Loan Size: $1 million - $7.5 million
  • 5, 7, 15 -year Fixed-Rate Loan; 20-year Hybrid ARM
  • 30-year Amortization Standard in All Markets

CPC is a long-time Freddie Mac Seller/Servicer and proud to be an approved lender for their Small Balance Loan (SBL) product. This product provides loan amounts from $1 million to $6 million in all markets, with loans up to $7.5 million in top and standard markets. Lending for cooperative buildings in New York City is also available. This program offers flexible terms and prepayment options, competitive low rates, and streamlined pricing, underwriting, closing, and funding process.

Eligible Uses
  • Acquisition
  • Refinance
Term Sheets