Freddie Mac Fixed Rate Loan City Capital Finance arranges Freddie Mac Fixed rate loans for purchase refinance and moderate rehabilitation of multifamily properties in California. Freddie Mac apartment loan offers competitive, market driven pricing that provides low rates and spreads for the highest quality loans while providing flexible loan terms. The Freddie Mac Fixed Rate loan offers early rate lock options on their fixed-rate loans, allowing borrowers to lock in a desirable interest rate as early as 12 months before loan closes. Loan Term $5 Million minimum. Term/Amortization 5 to 10 year terms Up to 30 year amortization Interest only option is available subject to some restrictions Interest Rate Minimum 1.25 Debt Service Coverage Ratio Minimum 1.25 Loan to Value 80% maximum Assumable Assumable with lender approval and 1% fee Replacement Reserve Impounds Required Personal Recourse-Personal Guarantee Non-recourse with standard exceptions for fraud and misrepresentation