What is Freddie Mac SBL?

Freddie’s Small Balance Loan program for multifamily — streamlined relative to large-loan agency executions, aimed at smaller apartment deals common across California metros.

How does Freddie SBL compare to a local bank multifamily loan?

Agency execution can offer longer fixed terms and standardized underwriting; local banks may be more flexible on quirky assets. We quote both when the file can go either way.

Commercial

Agency Multifamily

Freddie Mac SBL (Small Balance Multifamily)

Name: Elite Fundings — California Mortgage Team
Address: 552 E Badillo St, Covina, CA, 91723, US
Telephone: (626) 833-7449
Price range: $$

Freddie Mac Small Balance Loan — $1M–$7.5M on 5+ unit multifamily.

Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.

Apply for this program (626) 833-7449

Ideal borrower

Small-multifamily investors.

Program highlights

$1M–$7.5M loan range
Non-recourse
5, 7, 10-year hybrid terms

Typical uses

Small multifamily acquisition/refi

Frequently asked questions

What is Freddie Mac SBL?: Freddie’s Small Balance Loan program for multifamily — streamlined relative to large-loan agency executions, aimed at smaller apartment deals common across California metros.
How does Freddie SBL compare to a local bank multifamily loan?: Agency execution can offer longer fixed terms and standardized underwriting; local banks may be more flexible on quirky assets. We quote both when the file can go either way.

Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.