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Fannie Mae ARM 7-6 FAQs

If you are interested in Fannie Mae Adjustable Rate Mortgage 7-6, it's important to understand your options. Below you will find frequently asked questions concerning ARM 7-6 to help you with your lending decision. See below to find out available terms and amortization, maximum, LTV, top benefits, and more. 

Fannie Mae Adjustable Rate Mortgage 7-6 Questions

Questions & Answers

What are the available terms and amortization?

The term available is 7 years with an amortization of up to 30 years

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What is the maximum LTV?


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What is the minimum Debt Service Coverage?

1.00x at the maximum lifetime interest rate

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Is this loan non-recourse?

Yes, this is a non-recourse execution with standard carve-outs for “bad acts” such as fraud and bankruptcy.

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What are the benefits?

  • Attractive low-cost financing
  • No minimum or maximum loan size
  • Maximum interest rate is set at rate lock
  • Convertible to a fixed-rate loan with minimal re-underwriting

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What property types are eligible?

  • Existing, stabilized multifamily properties, including: Conventional, Multifamily Affordable Housing, Seniors Housing, Student Housing, and Manufactured Housing Communities
  • Loans for acquisition or refinance

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