Effective March 2, the Seniors Housing Team has begun quoting, underwriting and closing all Conventional age-restricted loans for Freddie Mac Multifamily. We made this change to make doing business with us better — to provide the expertise needed as more borrowers own and operate both Age Restricted (AR) and Senior Housing communities.

  • This applies to all Multifamily Conventional Loans with a tenant age restriction of 55+ years, regardless if the age restriction is from a zoning/deed restriction or the owner’s marketing decision.
  • Please note that AR loans under the Small Balance Loan, Manufactured Housing Community, Structured or Targeted Affordable Housing program definitions will continue to be processed by those specialty groups.

Optigo® lenders will continue to submit AR loan quote submissions (using Conventional Multifamily forms) to their regional multifamily production team via myOptigo®. Sizing, pricing and underwriting of AR loans will continue to be processed according to Conventional, non-AR, Multifamily loan terms.

Please read, bookmark and reference the Age-Restricted Apartment Loan Processing – Production Guidelines to learn about the adjusted quote submission process. If you have any questions, please reach out to your Freddie Mac Multifamily representative.