In this episode of the Ironclad Underwriting Podcast, host Jason Williams and co-host Frank Patalano break down the primary loan types used in commercial multifamily investing.

They dive into agency debt through Fannie Mae and Freddie Mac, compare it to local bank financing and bridge loans, and share real world lessons from refinancing, assumptions, and navigating market driven underwriting standards. The conversation blends technical insight with practical experience from years in the field.

Topics Covered

• What agency loans are and how they differ from traditional bank loans

• Stabilization requirements including 90 percent occupancy for 90 days

• Debt service coverage ratios and how they vary by market size

• Why smaller markets and sub 5 million dollar loans struggle to secure agency debt ...