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Amortization

June 6, 2019 By Janover Ventures

Amortization in Relation to the Freddie Mac SBL Program

Amortizing loans consist of loans in which each payment consists partly of principal, and partly of interest. This is in contrast to interest-only loans, which only consist of interest payments. Amortizing loans can come in two varieties; fully amortizing loans, in which the entire loan principal is paid off by the end of the loan term, and partially amortizing loans, in which a balloon payment is due at the end of the loan. The vast majority of multifamily loans (including most Freddie Mac multifamily loans) are partially amortizing, with some partial or full-term interest-only loan options. This also true of the Freddie Mac SBL program, where all amortizing loan options are partially amortizing, with some full-term interest-only loan options.

Filed Under: Freddie Mac SBL, Freddie Small Balance Loans, Glossary Tagged With: Amortizing Multifamily Loans, Freddie Mac Multifamily, Freddie Mac Optigo, Freddie Mac SBL, Freddie Mac Small Balance Loans, Multifamily Loans

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Janover Ventures, LLC.
7601 N Federal Hwy. Ste B140
Boca Raton Florida 33487

Call: (800) 567-9631
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Information

Loan Facts

Terms, Qualifications, and Guidelines

Term Sheet

Interest Rates

Portfolio Loans

 

Knowledge Base

Frequently Asked Questions

Glossary

Application

Application Process

Third Party Reports

Appraisal Process

Environmental Assessments

Property Condition Reports