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Regions and Freddie Mac
Category: Economic Development

Regions Bank is Now a Freddie Mac Multifamily Optigo® Lender

Expanded agency lending capabilities are making banking easier.

By Dana Obrist | September 19, 2021

Regions Bank Real Estate Capital Markets is now an approved Freddie Mac Multifamily Optigo® lender. This addition rounds out the agency lending suite, which already includes Fannie Mae DUS and FHA/HUD financing. As a full-service agency lender serving clients in conventional multifamily, affordable housing, and seniors housing, Regions Bank now offers clients a multitude of options to best suit their specific financing needs.

“Regions Capital Markets connects with real estate clients across the country, delivering a highly customized approach that supports a healthy, stable and accessible housing market,” said Joel Stephens, head of Regions Bank Capital Markets division. “The addition of Freddie Mac lending will help us deepen relationships with existing clients and attract new clients who are drawn to Regions’ superior service and relationship-based approach to financing essential housing opportunities.”

As a Freddie Mac Multifamily Optigo® lender for Conventional and Targeted Affordable Housing loans, Regions offers financing for the acquisition, refinance or rehabilitation of market-rate and affordable multifamily properties.

Products include fixed- and floating-rate loans, Student Housing, Manufactured Housing Communities, structured pools, impact investing, HUD Section 8 financing, and more. With a fixed-rate loan, clients will have different rate lock options, including the popular Freddie Mac Index Lock, enabling borrowers to lock in the Treasury Index at any time during quote or underwriting.

“Freddie Mac Multifamily is pleased to welcome Regions Bank to the Optigo® lender network,” said Rich Martinez, senior vice president of Production and Sales at Freddie Mac Multifamily. “We look forward to working with the seasoned and dedicated team at Regions to provide innovative financing solutions for multifamily borrowers.”

For more information please visit https://www.regions.com/commercial-banking/real-estate-banking/real-estate-capital-markets.

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