Program workspace

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Investment Sales Multifamily”

“Lenders approved to deliver forward commitments under Fannie Mae’s Multifamily Affordable Housing product line.”

“Lenders approved to deliver forward commitments under Fannie Mae’s Multifamily Affordable Housing product line.”

“Our affordable housing team has the programs, partnerships, and intellectual capital to execute your next transaction with both speed and transparency. GET IN TOUCH “Lument’s understanding of the complexities of the RAD program and 4% LIHTCs, along with its FHA expertise, made for an efficient process and optimal outcome. Their guidance was instrumental in navigating a transaction of this scale.” Brad Carman President | TFG Housing Resources “Affordable housing transactions have a lot of moving parts, and the team at Lument is the best we have run across when it comes to knowledge and creativity. We can go to them with an idea about a transaction, and they’ll come back with three or four different approaches, each of which might provide benefits we hadn’t considered.” LEN BRANNEN President | Shelter Resources, Inc “Lument managed the financing process efficiently and with a clear understanding of the nuances involved in refinancing a historic property. Their team’s experience and attention to detail once again ensured a smooth transaction and a strong outcome.” Andrew Burnes President & CEO | HallKeen Management “The Lument team: creative problem solvers and advocates for your transaction. We can always count on them to be the true and steady voice in the room on challenging transactions.” Bill Salamandrakis President | Affordable Housing Access, Inc.”

“Our multifamily team has the programs, partnerships, and intellectual capital to execute your next transaction with both speed and transparency. GET IN TOUCH “With their ability to help us obtain an early rate lock and then close two months later, Lument showcased meticulous attention to detail in facilitating an optimal outcome with a low, fixed interest rate, 10-year term, and 30-year amortization amidst a challenging market.” Tim Gillean Principal | Cross Equities, LLC “The Lument team was able to deliver a stellar outcome in a period of time that even under normal conditions would be considered exceptional. That they were able to do so in the midst of a pandemic just highlights how phenomenal a performance this was.” LESLIE L. YEILDING President and General Manager | EBSCO Income Properties, LLC “The level of service and teamwork across all parties involved in the transaction was exceptional. The collaboration between Lument and Fannie Mae was seamless, resulting in an execution that not only supports our current goals, but aligns with our long-term vision for these properties.” BJB Properties”

“Our small loan team has the programs, partnerships, and intellectual capital to execute your next transaction with both speed and transparency. GET IN TOUCH “When it comes down to it, we demand the same qualities from a financial partner that we expect from our own team. That’s what Lument delivers. Quite simply, their execution is the best we have dealt with. They are knowledgeable, fast on the uptake, and responsive.” TOM CAROLL Managing Partner | Watermark Partners Real Estate”

“FIXED-RATE BASE CONVENTIONAL MAXIMUM LTV AND MINIMUM DCR 2 (For specific product adjustments, refer to individual term sheets.) ≥ 5-YEAR AND AMORTIZING: 75% / 1.25x. PARTIAL-TERM INTEREST-ONLY 3 : 75% / 1.25x. FULL-TERM INTEREST-ONLY: 65% / 1.35x. ≥ 7-YEAR TERM AMORTIZING: 80% / 1.25x. PARTIAL-TERM INTEREST-ONLY 3 : 80% / 1.25x. FULL-TERM INTEREST-ONLY: 70% / 1.35x. 1 The DCR calculated for the partial-term interest-only and full-term interest-only period uses an amortizing payment. Adjustments may be made depending on the property, product and/or market. 2 For partial-term interest-only loans, there must be a minimum amortization period of 5 years for loans with terms greater than 5 years. Acquisition loans with 5-year terms may have up to 1 year of partial-term interest-only. For terms of 10 years or more, loans may have interest only in an amount equal to no more than half of the loan term. Download Term Sheet Financing Options Fannie Mae Freddie Mac HUD/FHA Loans Real Estate Capital Markets Balance Sheet Services Investment Banking Investment Sales Mergers and Acquisitions Investment Management Loan Servicing & Asset Management Mortgage Banking Services Property Specialties Multifamily Housing Affordable Housing Small Loan Multifamily Manufactured Housing Seniors Housing Skilled Nursing Hospital Investment Sales Multifamily Affordable Housing Seniors Housing Available Offerings Insights & Resources Insights Case Studies Newsroom Events Recent Transactions Term Sheets The Servicing Edge Frequently Asked Questions Subscribe About Our People Life at Lument Careers Offices © Copyright Lument 2026. All Rights Reserved Privacy Policy Terms of Use Mortgage Company Licensing Disclosures Counterparty Code of Conduct Lument is a subsidiary of ORIX Corporation USA. Securities, Investment Banking and Advisory Services provided through Lument Securities, LLC, Member FINRA / SIPC . *Investment advisory services are provided by Lument Investment Management, LLC, registered as an investment adviser with the U.S. Securities and Exchange Commission. We use cookies on this website. By continuing to navigate this website, you consent to the use of cookies. Our Privacy Policy explains what cookies are, how we and our service providers use cookies, your choices regarding cookies and further information about cookies . Continue Copy link Copy Copied Powered by Social Snap Close GDPR Cookie Settings Privacy Overview Strictly Necessary Cookies Powered by GDPR Cookie Compliance Privacy Overview This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Strictly Necessary Cookies Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Enable or Disable Cookies Enabled Disabled Enable All Save Settings”

“You can choose from four prepayment provisions when structuring Freddie Mac standard, capped, or uncapped floating-rate loans. Each option offers no prepayment premium for the last 90 days of the loan term. PREPAYMENT PREMIUM OPTION 1 Year 1: Locked Out. Year 2: 1%. Year 3: 1%. Year 4: 1%. Year 5: 1%. Year 6: 1%. Year 7: 1%. Year 8: 1%. OPTION 2 Year 1: 3%. Year 2: 2%. Year 3: 1%. Year 4: 1%. Year 5: 1%. Year 6: 1%. Year 7: 1%. Year 8: 1%. OPTION 3 Year 1: 5%. Year 2: 4%. Year 3: 3%. Year 4: 2%. Year 5: 1%. Year 6: 1%. Year 7: 1%. Year 8: 1%. OPTION 4 (only for 10-yr capped floating-rate loan) Year 1: 7%. Year 2: 6%. Year 3: 5%. Year 4: 4%. Year 5: 3%. Year 6: 2%. Year 7: 1%. Year 8: 1%.”

“Lument provided a $5.2 million, five-year, fixed-rate loan that fit the sponsor’s timeline while providing funds that it can use to create additional transitional housing. Our Solution”

“MAXIMUM LOAN For loans less than $75 million, the lesser of: 85%, 87%, or 90% (of replacement cost for new construction or of as-complete appraised value for substantial rehabilitation projects) for market rate, affordable 1 or rental assisted 2 properties, respectively;”

“MAXIMUM LTV As high as 75%, depending upon asset class and use of proceeds. May be higher for Multifamily Affordable Housing properties and assumptions.”