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Freddie Mac Student Housing Mortgage
The Freddie Mac Student Housing MortgageSM product offers financing for the acquisition or refinancing of purpose-built student housing. The product also serves traditional garden, mid-, or high-rise multifamily properties that are more than 50 percent occupied by students. We invite you to talk to one of our Freddie Mac Multifamily Seller/Servicers to learn more about our products and offerings.
Key Benefits
- Flexible terms include both 30-year amortization and the potential for full or partial interest-only.
- A nine-month lease is permitted under the Freddie Mac Student Housing Mortgage (12-month is preferred).
- Student housing properties located within close proximity to multiple schools that have a combined student body of 8,000 students or more are eligible for consideration.
- Properties located less than two miles from a college/university or on a public transportation route are eligible.
- Ground lease for college- or university-owned land may be permitted.
- Master leases with college/university may be permitted.
At a Glance