Hunt Mortgage Hits Freddie Mac High
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Warren: “We knew Freddie Mac’s small balance loan product would be attractive to our clients in the smaller multifamily sector.”
NEW YORK CITY—Hunt Mortgage Group has originated and delivered to Freddie Mac 66 loans totaling approximately $144 million for its first securitization in Freddie Mac’s guaranteed Small Balance Loan program, GlobeSt.com has learned EXCLUSIVELY.
Freddie Mac’s guaranteed Small Balance Loan offering, which Hunt Mortgage Group began selling at the program’s inception in October 2014, includes fixed-rate and hybrid adjustable-rate mortgage loans ranging primarily from $1 million to $5 million (with five or more units) on multifamily acquisitions or refinancings…