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M&T Realty Capital Corporation Introduces Fannie Mae Seniors Loan Program


M&T Realty Capital Corporation is pleased to announce that the company has obtained a license to provide loans through Fannie Mae’s seniors housing program. This program provides loans for the refinance or acquisition financing of existing, stabilized, purpose-built seniors housing properties held by qualified owner/operators.

“The Fannie Mae Seniors Housing execution is fast, reliable and very well-priced,” says Mark Gould, Group Vice President and Fannie Mae program manager for M&T Realty Capital Corporation. “It works very well for taking out construction loans, or for cash out on seasoned properties.”

This is a nationwide lending program, allowing for secondary and tertiary markets, and has a minimum loan size of $2 million.

The loan program also features:

  • Up to 75% loan-to-value (80% for fixed-rate tax-exempt bonds)
  • Minimum debt service coverage of 1.30x – 1.45x (dependent on property type)
  • Loan terms of 5 to 30 years
  • Amortization of up to 30 years
  • Supplemental loans permitted after one year through Fannie Mae

For more information on this or M&T Realty Capital Corporation’s other loan programs, please call 800-737-2344.

About M&T Realty Capital Corporation
M&T Realty Capital Corporation ( is a full-service mortgage banking company that specializes in providing competitive financing nationwide for commercial real estate. As a wholly-owned subsidiary of M&T Bank, we have direct access to commercial/multifamily mortgage capital markets, and are a fully accredited Fannie Mae DUS® and Freddie Mac Program Plus® lender as well as an approved FHA MAP and LEAN lender. In 2013, we generated over $2.1 billion in loan originations, and currently service a loan portfolio in excess of $11.8 billion.

About M&T Bank
Founded in Buffalo, N.Y., in 1856, M&T Bank Corp. ( is one of the 20 largest U.S. bank holding companies, with more than 700 branch offices and 1,500 ATMs in Maryland, Washington D.C., Virginia, Pennsylvania, New York, West Virginia and Delaware.

© 2014 M&T Bank, Member FDIC

All loans and all terms referenced herein are subject to receipt of a complete application, credit approval, and other conditions. “DUS®” is a registered trademark of Fannie Mae. “Program Plus®” is a registered trademark of Freddie Mac.

09/09/2014 - 17:06


M&T Realty Capital Corporation

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