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About Multifamily

Our Work

Fannie Mae is the leading source of financing and securitization for quality rental housing in the United States.

We serve every market, every day, in partnership with our DUS® Lenders. Our financing supports multifamily properties from big cities to rural areas, coast to coast.

Powering great deals

Our $500 billion+ portfolio brings over 15 million rental homes to communities across America through a trusted financing model and deals that benefit lenders, investors, and communities.

Explore borrower stories

Multifamily $500 Billion Milestone

Kelly Follain, Executive Vice President and Head of Multifamily

Every market, every day

Fannie Mae Multifamily provides financing solutions for properties of five or more units, supporting a wide range of housing needs across America.

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Comprehensive financing solutions

Acquisitions, forwards, unit rehabilitation, construction-to-permanent, lease-up and stabilization refinance, cash-out refinance, and more.

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Full range 
of deal sizes

From conventional financing to complex deals involving many properties — e.g., credit facilities — with deals ranging from $1 million to $3 billion.

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Coast-to-coast, across the U.S.

We are committed to serving all populations across the nation with lower-cost quality rental housing for individuals, families, seniors, military personnel, and students.

Excellence at every step

Expert service, customized solutions

Tap into Fannie Mae’s deep expertise and trusted partnership model for every deal. We deliver competitive, creative financing tailored to your unique needs — with speed, confidence, and proactive support at every stage.

Partnering for shared success

Delegation is the difference. Our DUS® model empowers lenders to underwrite and close deals, serving more borrowers with speed and flexibility. This collaborative approach shares risk, builds resilience, and drives growth. Listening is our hallmark. We continuously refine financing options, improve efficiency, and make doing business easier — all based on lender feedback.

A DUS deal is a done deal

Fannie Mae DUS Lenders underwrite and close most loans on our behalf, ensuring predictability and fewer surprises at delivery. Borrowers save time, stay on track, and secure financing that meets their goals.

Above and beyond servicing

Our commitment continues after closing. We monitor property health and loan terms, offering flexible solutions when challenges arise. With single-loan securitization, we keep borrowers, lenders, and investors connected for the long-term – providing unrivaled solutions that keep loans on track.

See what Fannie Mae can do for your business

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