Sabal Becomes Fannie-Mae Approved Small Loan Lender
This designation will allow Sabal Capital to provide small balance loans for multifamily properties nationwide.
Fannie Mae has approved Sabal Capital Partners as a small loan lender nationwide. The designation gives Sabal the ability to provide small loans for multifamily properties nationwide. This is an addition to Sabal’s already robust small loan program.
Through the small loan program, Sabal will offer financing for both acquisitions and refinancings of up to $6 million with fixed-rate terms of five to 30 years and interest-only options available. In addition, Sabal will provide customized loan structures, quicker loan closings, competitive interest rates and life-of-loan servicing. According to the firm, the program will focus on affordable rental properties.
Sabal is already the leading provider of small balance loans nationwide. This new designation will help them to expand the small balance platform to continue to be a leader in the space.