Financial Content: Hunt Mortgage Group Selected by Freddie Mac to Offer New Small Balance Lending Product
Hunt Mortgage Group, a commercial real estate lender, announced today it has been selected by Freddie Mac to be among a select few lenders to offer the Agency’s new Small Business Lending product. Under the new program, Hunt Mortgage Group will provide small loans between $1-5 million to borrowers nationwide. The small portfolio loan product was launched October 1. This is Freddie Mac’s first product exclusively targeting the small loan market.
Hunt Mortgage Group
Hunt Mortgage Group, a wholly owned subsidiary of Hunt Companies, Inc., is a leader in financing commercial real estate throughout the United States. The Company finances all types of commercial real estate: multifamily properties (including small balance), affordable housing, office, retail, manufactured housing, healthcare/senior living, industrial, and self-storage facilities. It offers Fannie Mae, Freddie Mac, HUD/FHA in addition to its own Proprietary loan products. Since inception, the Company has structured more than $21 billion of loans and today maintains a servicing portfolio of more than $12.5 billion. Headquartered in New York City, Hunt Mortgage Group has 191 professionals in 23 locations throughout the United States.