Freddie Mac's Interest Only program* provides financing for the acquisition, refinance, and moderate rehabilitation of multifamily properties. Freddie Mac is committed to competitive, market-driven pricing that provides the lowest rates and spreads for the highest quality loans while providing flexibility and a broad range of loan terms.

In addition to 5-30 year terms, up to 30 year amortization and supplemental mortgages, Freddie Mac offers full or partial interest only payments for borrowers looking to reduce their pay rate and maximize cash flow. Freddie Mac also offers standard or early rate lock delivery options on their interest only loans, making it possible for borrowers to lock in a desirable interest rate as early as 12 months before the loan closes. Further savings are realized at the end of the loan term for borrowers who choose the Fixed-to-Float option which automatically converts the loan into a floating rate mortgage for an additional year during which time the borrower can arrange for new financing. The loan may be paid off at any time during the floating year at par.

PNC ARCS is one of America's leading commercial lenders with an acknowledged expertise in multifamily finance and one of America's leading Fannie Mae DUS™ lenders for more than a decade.

As a PNC Real Estate Finance Company, PNC ARCS is part of PNC Financial Services, one of the largest diversified financial services companies in America. Now PNC ARCS can provide access to debt and equity financing, construction loans, permanent financing, forward commitments, tax credits, direct bond purchase programs, mezz, bridge, Fannie Mae, Freddie Mac, FHA and Capital Markets. One single source to meet our borrowers' needs.

The company is now the single source for all real estate financing across the full range of commercial property types.

Beyond the benefits of any specific lending product, PNC ARCS' experience, expertise and unwavering commitment to extraordinary customer service are what set us apart from the rest. No one delivers more.

*Available in CA, HI, NJ , NY and southern CT. Geographic waivers are available on a case-by-case basis. Contact your loan representative for more information