Does anyone know what the current rates and terms are for a Fannie Mae loan on a mid-sized, all age park?
We are a Fannie Mae correspondent. Send me your contact info and I’ll have my associate @tomflem reach out to you with the latest rate sheet.
Thanks, please post their contact information.
Pricing 1/15/19 on a standard market 10 year fixed, 30 year amortization with YM (yield maintenance) was:
Origination of .5%
If you are in a small market add 15bps
FYI this pricing is term sheet pricing, with MHP being uncapped we can typically do better than what is on the term sheet.
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