Sunday, February 05, 2012
FANNIE MAE

Arbor is one of a select group of lenders approved under Fannie Mae's Delegated Underwriting and Servicing product. As a DUS® lender, Arbor originates and services multifamily loans, providing excellent terms and competitive, tiered pricing for the purchase and refinance of apartment properties.

Adjustable Rate (ARM)
Arbor's DUS® ARM product offers increased proceeds over the fixed-rate product with a lower initial interest rate. With an easy-to-use conversion feature, Arbor's DUS® ARM product gives owners an attractive option in a higher interest rate environment.
 ARM Term Sheet

Adjustable Rate Mortgage (ARM) 7-6™
Arbor’s DUS® ARM 7-6™ product offers low-cost financing with an initial interest rate lower than available fixed rates, a maximum interest rate that is set upon loan origination and the ability to convert to fixed-rate financing.
 ARM 7-6™ Term Sheet

Choice Refinance
Arbor’s Fannie Mae DUS® Choice Refinance program provides an unmatched speed of execution, drastically reduced documentation requirements, the most flexible and inexpensive refinance fee structure available and, above all, the stability and peace of mind that comes with working with the lender you already know best.
 Choice Refinance Term Sheet

Cooperative Apartment Financing
Arbor's Cooperative Apartment Financing program provides blanket mortgage financing for cooperative projects.
 Cooperative Apartment Financing Term Sheet

DUS® Manufactured Housing Community Loans
Arbor’s DUS® Manufactured Housing Community Loans product provides competitive pricing, flexible terms and functions as a major source of liquidity for Community Owners of 4 or 5 star properties.
 Arbor’s DUS® Manufactured Housing Community Loans Term Sheet

DUS® Supplemental Loan
Whether your Arbor Fannie Mae loan was executed on a market rate or affordable property; under the Forward Commitment program or Small Loans; on a cooperative complex or student-based property, you are eligible for a supplemental loan under the Fannie Mae DUS® program.
 DUS® Supplemental Term Sheet

MBS Multifamily Affordable Housing (MAH)
Arbor's DUS® MAH product provides flexible terms for acquisition or refinance of multifamily projects nationwide that qualify as affordable housing. Eligible properties are those that participate in the Low Income Housing Tax Credit (LIHTC) program are encumbered by a Housing Assistance Payment (HAP) contract or participate in the Section 8 program (either through vouchers or direct payments). Other special uses can be considered for MAH status.
 MAH Term Sheet

Refi Plus
Arbor’s Refi Plus product offers Borrowers a streamlined refinance process for existing Fannie Mae DUS® Mortgage Loans allowing them to lock the interest rate on their Refinance Mortgage Loan up to two years before the Prepayment Period End Date and immediately fund additional proceeds with a Supplemental Mortgage Loan.
 Refi Plus Term Sheet

Small Loans Program
Arbor's Small Loans program streamlines the entire loan process for multifamily acquisition and refinancing for loans up to $3 million. Reduced documentation requirements, streamlined report formats and flexible legal/closing requirements make this the best financing option for loans up to $3 million nationwide.
 Small Loans Term Sheet

Standard DUS®
Arbor provides competitive, tiered pricing for acquisition or refinance of multifamily projects nationwide, including recently completed projects.
 Standard DUS® Term Sheet

Structured ARM
Arbor’s Structured ARM product offers long term financing with an attractive variable interest rate that is convertible to a fixed rate.
 Structured ARM Term Sheet

Student Housing
Arbor’s DUS® Student Housing product provides attractive terms and competitive prices for the purchase or refinance of properties that, because of construction and location, specifically cater to a student tenant base that may or may not be readily convertible to conventional multifamily housing.
 Student Housing Term Sheet

Tax Exempt Bond Credit Enhancement
Through Arbor's DUS® Tax Exempt Bond Credit Enhancement program, Fannie Mae will provide credit enhancement for fixed or variable rate tax-exempt bonds to finance acquisitions, new construction properties (in conjunction with a forward commitment), moderate or substantial rehabilitation and refinancing of existing debt. Eligible properties will qualify as affordable housing. Transactions may be structured as new money issues, refunding issues, or credit substitutions where Fannie Mae takes the place of an existing credit enhancer without the issuance of new bonds.
 Tax Exempt Bond Credit Enhancement Term Sheet