Fannie Mae is a United States government-sponsored enterprise to expand the secondary market by securitizing mortgage loans in the form of mortgage-backed securities (MBS).
Loan amount from $2 million to $1 billion dollars
Multi-family with 5 units or more
Up to 75% LTV
10/30 yrs amortization schedule
Non-recourse
Purchase or Refinance
Fixed rates for 10 yrs