Updated In Real Time

Freddie Mac SBL Current Rates

Changes effective with deals taken under application on or after November 8, 2024.

SBL Lowest Rates Affordability Assumptions

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SBL Lowest Rates No Affordability Assumptions

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Purchases and Rate/Term Refinances

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SBL Lowest Rates Affordability Assumptions

South Central Region

CO, MT, NM, OK, TX, WY

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.40%	6.39%	6.48%
Standard	6.72%	6.44%	6.53%
Small	6.88%	6.52%	6.59%
Very Small	6.98%	6.62%	6.69%
	Fixed
Top	6.30%	6.29%	6.18%
Standard	6.62%	6.34%	6.23%
Small	6.78%	6.42%	6.29%
Very Small	6.88%	6.52%	6.39%

South East Region

AL, AR, DC, FL, GA, LA, MD, MS, NC, SC, TN, VA, WV

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.45%	6.44%	6.53%
Standard	6.67%	6.44%	6.53%
Small	6.83%	6.50%	6.54%
Very Small	6.88%	6.60%	6.64%
	Fixed
Top	6.35%	6.34%	6.23%
Standard	6.57%	6.34%	6.23%
Small	6.73%	6.40%	6.24%
Very Small	6.78%	6.50%	6.34%

North Central Region

IA, IL, IN, KS, KY, MI, MN, MO, ND, NE, OH, SD, WI

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.40%	6.39%	6.48%
Standard	6.72%	6.41%	6.53%
Small	6.88%	6.52%	6.54%
Very Small	6.98%	6.62%	6.64%
	Fixed
Top	6.30%	6.29%	6.18%
Standard	6.62%	6.31%	6.23%
Small	6.78%	6.42%	6.24%
Very Small	6.88%	6.52%	6.34%

North East Region

CT, DE, MA, ME, NH, NJ, NY, PA, RI, VT

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.65%	6.64%	6.58%
Standard	6.72%	6.39%	6.48%
Small	6.98%	6.57%	6.69%
Very Small	7.03%	6.62%	6.74%
	Fixed
Top	6.55%	6.54%	6.38%
Standard	6.57%	6.29%	6.18%
Small	6.83%	6.47%	6.39%
Very Small	6.88%	6.52%	6.44%

Western Region

AK, AZ, CA, HI, ID, NV, OR, UT, WA

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.40%	6.31%	6.33%
Standard	6.67%	6.39%	6.53%
Small	6.78%	6.45%	6.59%
Very Small	6.88%	6.52%	6.69%
	Fixed
Top	6.35%	6.16%	6.13%
Standard	6.62%	6.24%	6.23%
Small	6.73%	6.30%	6.29%
Very Small	6.83%	6.37%	6.39%

Rates as of November 8, 2024.

FREE RATE HOLD AT LOI* Conditions apply. Please contact us for additional details.

Assumes YM prepay, 60% LTV, 1.35x DSCR, all affordability discounts applied, and no IO
Separate Freddie Mac SBL Affordability Discounts:
- ≤ 50% (≤ 40% in Western and Northeast Top Markets) of units qualify as Mission Driven units
- ≤ 80% of units qualify as Mission Driven units
- 5-50 units and ≤ 50% of the units qualify as affordable for the applicable country at AMI of ≤ 80%

SBL Lowest Rates (No Affordability Assumptions)

South Central Region

CO, MT, NM, OK, TX, WY

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.80%	6.79%	6.88%
Standard	7.12%	6.84%	6.93%
Small	7.23%	6.92%	6.99%
Very Small	7.33%	7.02%	7.09%
	Fixed
Top	6.70%	6.69%	6.58%
Standard	7.02%	6.74%	6.63%
Small	7.13%	6.82%	6.69%
Very Small	7.23%	6.92%	6.79%

South East Region

AL, AR, DC, FL, GA, LA, MD, MS, NC, SC, TN, VA, WV

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.85%	6.84%	6.93%
Standard	7.07%	6.84%	6.93%
Small	7.18%	6.90%	6.94%
Very Small	7.23%	7.00%	7.04%
	Fixed
Top	6.75%	6.74%	6.63%
Standard	6.97%	6.74%	6.63%
Small	7.08%	6.80%	6.64%
Very Small	7.13%	6.90%	6.74%

North Central Region

IA, IL, IN, KS, KY, MI, MN, MO, ND, NE, OH, SD, WI

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.80%	6.79%	6.88%
Standard	7.12%	6.81%	6.93%
Small	7.23%	6.92%	6.94%
Very Small	7.33%	7.02%	7.04%
	Fixed
Top	6.70%	6.69%	6.58%
Standard	7.02%	6.71%	6.63%
Small	7.13%	6.82%	6.64%
Very Small	7.23%	6.92%	6.74%

North East Region

CT, DE, MA, ME, NH, NJ, NY, PA, RI, VT

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	7.05%	7.04%	6.98%
Standard	7.12%	6.79%	6.88%
Small	7.33%	6.97%	7.09%
Very Small	7.38%	7.02%	7.14%
	Fixed
Top	6.95%	6.94%	6.78%
Standard	6.97%	6.69%	6.58%
Small	7.18%	6.87%	6.79%
Very Small	7.23%	6.92%	6.84%

Western Region

AK, AZ, CA, HI, ID, NV, OR, UT, WA

	Hybrid
	5 Yr	7 Yr	10 Yr
Top	6.80%	6.71%	6.73%
Standard	7.07%	6.79%	6.93%
Small	7.13%	6.85%	6.99%
Very Small	7.23%	6.92%	7.09%
	Fixed
Top	6.75%	6.56%	6.53%
Standard	7.02%	6.64%	6.63%
Small	7.08%	6.70%	6.69%
Very Small	7.18%	6.77%	6.79%

Rates as of November 8, 2024.

Assumes YM prepay, 60% LTV, 1.35x DSCR, no affordability discount and no IO.

Purchases and Rate/Term Refinances

	Purchases and Rate/Term Refinances
	Minimum DSCR	Maximum LTV
Top	1.20x	80%
Standard	1.25x	80%
Small	1.30x	75% for acquisitions 70% for rate/term refinances
Very Small	1.40x	75% for acquisitions 70% for rate/term refinances
	Cash-out Refinance
Top	1.20x	80%
Standard	1.25x	80%
Small	1.30x	70%
Very Small	1.40x	70%

Rates as of November 8, 2024.

Full Term I0/I0 During Fixed Rate Period of Hybrid ARM Adjustments:

Top and Standard: Add 0.15x to Baseline DSCR, Max. LTV 65%,
Small and Very Small: Add 0.10x to Baseline DSCR, Max. LTV 60%

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