[Salt Lake City, June 21, 2016] – Bonneville Multifamily Capital believes that by providing the optimal capital structures for their properties, they build relationships with multifamily investors, developers, and owners that last for a long time. In terms of closing loans on income-producing multifamily properties and new constructions in the United States, they have set a record high of going from $1,000,000 to $100,000,000.
They make loan maintenance and ongoing payments easy for their clients as they service most of the loans they process. They are an approved Government National Mortgage Association issuer. This means that they have exhibited the financial, quality control, organizational, and procedural characteristics, which make affordable housing possible for Americans.
Their loans include New Construction, Value Add, Refinance, Purchase or Acquisition, and Bridge Loans. These also include Seniors Housing and Healthcare Facility Financing Programs.
Their financing options, on the other hand, include FHA and HUD, Freddie Mac, and Fannie Mae Multifamily Financing. These also include the USDA Sec. 538 Loan Program.
Bonneville Multifamily Capital is a Fannie Mae Multifamily Lender
The Great Depression triggered the establishment of the Federal National Mortgage Association (FNMA) or Fannie Mae, as it is commonly known. Their goal was to broaden the secondary mortgage market by using mortgage-backed securities.
The company is one the country’s most reliable and trusted Fannie Mae multifamily correspondent lenders. Their goal is to make sure loans are approved fast and efficiently.
They have an exclusive correspondent relationship with Walker & Dunlop, the country’s number 1 Fannie Mae DUS lender. Bonneville Multifamily Capital serves as a local extension of Walker & Dunlop.
With this type of financing, lenders reinvest the acquired money by lending it to others, multiplying the number of credible lenders in the market.
The company supports investors and borrowers that need financing for projects such as senior care centers, student housing, apartment complexes, and healthcare facilities, which are available for middle-income families.
About Bonneville Multifamily Capital
Established in 2003, the company is a division of Bonneville Real Estate Capital. They are a Multifamily Accelerated Processing-approved FHA/HUD lender with significant experience working with Low Income Housing Tax Credits. They manage all aspects of disbursement control, as well as construction loan accounting while in the process of converting loans to permanent financing.
Interested clients may visit http://www.bmfcap.com for more information on their services.