New Construction/Substantial rehabilitation – Fannie Mae
As an approved Fannie Mae DUS ®Lender, specializing in affordable housing, Dougherty Mortgage has the authority to originate, underwrite, and service multifamily loans on behalf of Fannie Mae. Dougherty is able to structure loan products to utilize Fannie Mae programs for the purpose of financing the construction or substantial rehabilitation of multifamily property. Although not a requirement, transactions often include the credit enhancement of taxable and/or tax- exempt bonds, multiple funding sources and Low Income Housing Tax credits. The following term sheets outline program parameters:
