CURRENTLY ACCEPTABLE MULTIFAMILY LOAN DOCUMENTS
LOAN EXECUTION
(Revised 2-26-2016)
Following is a list of the most current versions of the Multifamily Loan Documents available on this website for Freddie Mac’s loan execution
program. The version of each document is identified by its revision date, which is the date shown in parenthesis forming part of the title of the
document.
NOTES
Demand Promissory Note (3-1-2014)
Florida Amended and Restated Multifamily Note (7-17-2014)
Maryland Amended and Restated Multifamily Note (3-1-2014)
Multistate Multifamily Note - Floating Rate (9-4-2015) [5-20-2015 version remains acceptable until the date referenced in Endnote 4 below]
Multistate Multifamily Note - Floating Rate - Value Add Transaction (9-4-2015) [5-20-2015 version remains acceptable until the date referenced in
Endnote 4 below]
Multistate Multifamily Note - Fixed Rate - Defeasance (9-4-2015) [5-1-2015 version remains acceptable until the date referenced in Endnote 4 below]
Multistate Multifamily Note - Fixed Rate - Yield Maintenance Only (9-4-2015) [5-20-2015 version remains acceptable until the date referenced in
Endnote 4 below]
Virginia Amended and Restated Multifamily Note (5-1-2015)
RIDERS TO NOTES
Aluminum Wiring, Galvanized Steel, Polybutylene Piping Rider to Multifamily Note (3-1-2014)
Change to Cutoff Date Rider to Multifamily Note (3-1-2014)
Cross Collateralized Transaction Rider to Multifamily Note (3-1-2014)
Fixed To Float Terms Rider to Multifamily Note (7-17-2014)
General Partnership Borrower/Single Asset Entity Rider to Multifamily Note (3-1-2014)
Legal Non-Conforming Property Rider to Multifamily Note (9-4-2015) [3-1-2014 version remains acceptable until the date referenced in Endnote 4 below]
Longer Window Period Rider to Multifamily Note (3-1-2014)
No Waiver of Prepayment Premium Rider to Multifamily Note (7-17-2014)
Prepaid Rents Rider to Multifamily Note (3-1-2014)
Prepayment at Par Rider to Multifamily Note (7-17-2014)
Prepayment Permitted in Window Period After Defeasance Rider to Note (3-1-2014)
Primary Access by Easement or Private Road Rider to Multifamily Note (3-1-2014)
Recycled Borrower and/or Recycled SPE Equity Owner Rider to Multifamily Note (3-1-2014)
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Regulatory Agreement Default Recourse Rider to Multifamily Note (3-1-2014)
Shared Amenities, Management Office, or Other Shared Facilities Rider to Multifamily Note (3-1-2014)
Single Asset Entity Borrower Rider to Multifamily Note (3-1-2014)
Tax Credit Properties Rider to Multifamily Note (3-1-2014)
Tax Exemption or Abatement Prepayment Rider to Note (2-26-2016)
Tax Exemption or Abatement Recourse for Loss Rider to Note (2-26-2016)
LOAN AGREEMENT
Loan and Security Agreement (9-4-2015) [5-20-2015 version remains acceptable until the date referenced in Endnote 4 below]
RIDERS TO LOAN AGREEMENT
Transfer Provisions
Affiliate Transfer Rider to Loan and Security Agreement (7-1-2014)
Borrower Principal Transfer To Previously Underwritten New Borrower Principal Resulting From Death Or Legal Incapacity Of Borrower Principal Rider
to Loan and Security Agreement (7-1-2014)
Buy-Sell Transfer Rider to Loan and Security Agreement (7-1-2014)
Conversion of Limited Partnership to Limited Liability Company Rider to Loan and Security Agreement (7-1-2014)
Co-Owner Transfer Rider to Loan and Security Agreement (7-1-2014)
Non-Profit Managing General Partner Transfer (California Welfare Exemption) Rider to Loan Agreement (5-1-2015)
Pension Fund Transfer Rider to Loan and Security Agreement (7-1-2014)
Escrows & Reserves
Debt Service Reserve Rider to Loan and Security Agreement (7-1-2014)
Ground Fault Interrupter Outlet Replacements No Disbursement From Repair Reserve Fund Rider to Loan and Security Agreement (3-1-2014)
Rate Cap Agreement and Rate Cap Agreement Reserve Fund Rider to Loan and Security Agreement (1-27-2016) [6-30-2015 version remains acceptable
until the date referenced in Endnote 2 below]
Rental Achievement Cash Reserve Rider to Loan and Security Agreement (7-17-2014)
Rental Achievement Letter of Credit Rider to Loan and Security Agreement (7-17-2014)
Repair Reserve Fund - Radon Screening and Long Term Testing - Rider to Loan and Security Agreement (5-1-2015)
Repair Reserve Fund - Radon Testing - Rider to Loan and Security Agreement (5-1-2015)
Repair Reserve Fund - Radon Testing, Screening, and Possible Additional Long Term Testing - Rider to Loan and Security Agreement (5-1-2015)
Repair Reserve Fund Rider to Loan and Security Agreement (5-1-2015)
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Repairs - No Repair Reserve Established Rider to Loan and Security Agreement (5-1-2015)
Replacement Reserve Fund - Additional Deposits Rider to Loan and Security Agreement (7-1-2014)
Replacement Reserve Fund - Deferred Deposits Rider to Loan and Security Agreement (7-1-2014)
Replacement Reserve Fund – Deferred Deposits – Co-op Borrowers Rider to Loan and Security Agreement (9-4-2015)
Replacement Reserve Fund - Immediate Deposits Rider to Loan and Security Agreement (7-1-2014)
Replacement Reserve Fund - Monthly Deposit Cap Rider to Loan and Security Agreement (3-1-2014)
Required Average Capital Expenditures Rider to Loan and Security Agreement (3-1-2014)
Required Yearly Capital Expenditures Rider to Loan and Security Agreement (3-1-2014)
Section 8 Housing Assistance Payments Reserve Rider to Loan and Security Agreement (7-1-2014)
Waiver of Monthly Deposits on Supplemental Loans – Co-op Borrowers Rider to Loan and Security Agreement (9-4-2015)
Miscellaneous
Additional Provisions for Loans Equal to or Greater Than $25,000,000 Rider to Loan and Security Agreement (3-1-2014)
Aluminum Wiring Rider to Loan and Security Agreement (5-1-2015)
Cash Management Agreement Rider to Loan and Security Agreement (3-1-2014)
Condominium 100% Owned By Borrower Rider to Loan and Security Agreement (3-1-2014)
Condominium Partially Owned Rider to Loan and Security Agreement (3-1-2014)
Cooperation With Rating Agencies and Investors Rider to Loan and Security Agreement (1-27-2015)
Cooperative Unsecured Line of Credit Rider to Loan and Security Agreement (3-1-2014)
Corporate Leases Rider to Loan and Security Agreement (5-1-2015)
Cross-Collateralized Transaction Rider to Loan and Security Agreement (9-4-2015) [5-1-2015 version remains acceptable until the date referenced in
Endnote 4 below]
Entity Guarantor Rider to Loan and Security Agreement (3-1-2014)
Financial Reports For Cooperative Borrowers Rider to Loan and Security Agreement (3-1-2014)
Galvanized Steel or Polybutylene Piping Rider to Loan and Security Agreement (5-1-2015)
General Partnership Borrower Rider to Loan and Security Agreement (3-1-2014)
Independent Director Rider to Loan and Security Agreement (3-1-2014)
Lease-Up Transaction – Cash Reserve or Letter of Credit Required Rider to Loan and Security Agreement (9-25-2015)
Lease-Up Transaction – No Credit Enhancement Required Rider to Loan and Security Agreement (9-25-2015)
Month to Month Leases Rider to Loan and Security Agreement (5-1-2015)
Partial Release of Unimproved Property Rider to Loan and Security Agreement (12-11-2014)
Prepaid Rents Rider to Loan and Security Agreement (9-4-2015) [3-1-2014 version remains acceptable until the date referenced in Endnote 4 below]
Prepayment during Window Period after Defeasance Rider to Loan and Security Agreement (3-1-2014)
Recycled Borrower Rider to Loan and Security Agreement (9-4-2015) [5-1-2015 version remains acceptable until the date referenced in Endnote 4 below]
Recycled Borrower – Multiple Entities Comprising Borrower - Rider to Loan and Security Agreement (5-1-2015)
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Recycled SPE Equity Owner Rider to Loan and Security Agreement (9-4-2015) [5-1-2015 version remains acceptable until the date referenced in Endnote
4 below]
Regulatory Agreement Rider to Loan and Security Agreement (7-17-2014)
Section 8 Housing Assistance Payments Contract Rider to Loan and Security Agreement (3-1-2014)
Self-Management Rider to Loan and Security Agreement (5-1-2015)
Single Asset Entity Borrower Rider to Loan and Security Agreement (3-1-2014)
Subordinate Debt Rider to Loan and Security Agreement (7-17-2014)
Tax Credit Properties – Loan Origination Occurs After Tax Credit Period - Rider to Loan and Security Agreement (3-1-2014)
Tax Credit Properties – Loan Origination Occurs During Tax Credit Period - Rider to Loan and Security Agreement (7-1-2014)
Tax Exemption or Abatement Rider to Loan and Security Agreement (2-26-2016)
Tax Exemption or Abatement - Borrower to Apply Rider to Loan Agreement (2-26-2016)
Tax Exemption or Abatement - Borrower to Apply; Reserve Fund Rider to Loan Agreement (2-26-2016)
Tax Method of Accounting Rider to Loan and Security Agreement (3-1-2014)
Tenancy in Common Borrower Rider to Loan and Security Agreement (5-1-2015)
Termite or Wood Damaging Insect Control Rider to Loan and Security Agreement (3-1-2014)
Term of Existence of Guarantor Expiring Prior to Maturity Date Rider to Loan and Security Agreement (3-1-2014)
Trade Names Rider to Loan and Security Agreement (3-1-2014)
Value Add Transaction Rider to Loan and Security Agreement (7-28-2015)
Waiver of Moisture Management Plan Rider to Loan and Security Agreement (3-1-2014)
SECURITY INSTRUMENTS
Uniform Covenants (7-17-2014)
Alabama Security Instrument (3-1-2014)
Alaska Security Instrument (3-1-2014)
Arizona Security Instrument (3-1-2014)
Arkansas Security Instrument (3-1-2014)
California Security Instrument (5-1-2015)
Colorado Security Instrument (3-1-2014)
Connecticut Security Instrument (3-1-2014)
Delaware Security Instrument (3-1-2014)
District of Columbia Security Instrument (3-1-2014)
Florida Amended and Restated Security Instrument (3-1-2014)
Florida Security Instrument (3-1-2014)
Georgia Security Instrument (3-1-2014)
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Hawaii Security Instrument (3-1-2014)
Idaho Security Instrument (6-30-2014)
Illinois Security Instrument (10-24-2014)
Indiana Security Instrument (5-1-2015)
Iowa Security Instrument (3-1-2014)
Kansas Security Instrument (3-1-2014)
Kentucky Security Instrument (3-1-2014)
Louisiana Security Instrument (5-1-2015)
Maine Security Instrument (3-1-2014)
Maryland Amended and Restated Security Instrument (3-1-2014)
Maryland Security Instrument (3-1-2014)
Massachusetts Security Instrument (3-1-2014)
Michigan Security Instrument (3-1-2014)
Minnesota Security Instrument (3-1-2014)
Mississippi Security Instrument (3-1-2014)
Missouri Security Instrument (5-1-2015)
Montana Security Instrument (3-1-2014)
Nebraska Security Instrument (3-1-2014)
Nevada Security Instrument (3-1-2014)
New Hampshire Security Instrument (3-1-2014)
New Jersey Security Instrument (3-1-2014)
New Mexico Security Instrument (3-1-2014)
New York Security Instrument (3-1-2014)
North Carolina Security Instrument (3-1-2014)
North Dakota Security Instrument (3-1-2014)
Ohio Security Instrument (3-1-2014)
Oklahoma Security Instrument (3-1-2014)
Oregon Security Instrument (5-1-2015)
Pennsylvania Security Instrument (3-1-2014)
Rhode Island Security Instrument (3-1-2014)
South Carolina Security Instrument (3-1-2014)
South Dakota Security Instrument (3-1-2014)
Tennessee Security Instrument (3-1-2014)
Texas Security Instrument (7-17-2014)
Utah Security Instrument (3-1-2014)
Vermont Security Instrument (3-1-2014)
Virginia Security Instrument (3-1-2014)
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Virginia Amended and Restated Security Instrument (5-1-2015)
Washington Security Instrument (3-1-2014)
West Virginia Security Instrument (3-1-2014)
Wisconsin Security Instrument (3-1-2014)
Wyoming Security Instrument (3-1-2014)
RIDERS TO SECURITY INSTRUMENTS
Condominium Rider to Security Instrument (3-1-2014)
Cross-Collateralized Transaction Rider to Security Instrument (3-1-2014)
Partial Release of Unimproved Property Rider to Security Instrument (3-1-2014)
Tenancy in Common Borrower Rider to Security Instrument (3-1-2014)
Trade Names Rider to Security Instrument (3-1-2014)
GUARANTY
Multistate Guaranty (9-4-2015) [5-20-2015 version remains acceptable until the date referenced in Endnote 4 below]
RIDERS TO GUARANTY
Completion Guaranty for Value Add Transaction Rider to Guaranty (5-20-2015)
Cross-Collateralized Transaction Rider to Guaranty (5-1-2015)
Material Adverse Change Rider to Guaranty (5-1-2015)
Minimum Net Worth / Liquidity Rider to Guaranty (5-1-2015)
Single Asset Entity Rider to Guaranty (3-1-2014)
Term of Existence of Guarantor Expiring Prior to Maturity Date Rider to Guaranty (8-31-2015)
MISCELLANEOUS
Amendment to ERLA/Commitment (7-17-2014)
Assignment of Consolidated Security Instruments (3-1-2014)
Assignment of Management Agreement and Subordination of Management Fees (5-1-2015)
Assignment of Security Instrument (12-19-2014)
Borrower Structure Due Diligence Checklist (5-1-2015)
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Buy-Sell Transfer Analysis (8-31-2015)
Cash Management Agreement - Daily Sweeps (3-1-2014)
Clearing Account Agreement - Daily Sweeps (3-1-2014)
Commercial Lease Analysis (3-1-2014)
Condominium/Cooperative Conversion Restriction Analysis (3-1-2014)
Consent to Assignment of HAP Contract (10-24-2014)
Consolidation, Extension & Modification Agreement (3-1-2014)
Cross Collateralization Agreement - Master (11-4-2015) [9-4-2015 version remains acceptable until the date referenced in Endnote 1 below] [3-1-2014
version remains acceptable until the date referenced in Endnote 4 below]
Cross Collateralization Agreement Memorandum (3-1-2014)
Equity Contribution Summary (6-10-2014)
Examples of Transaction Legal Issues (3-1-2014)
Extension & Modification Agreement (3-1-2014)
Financing Statement Exhibit B (7-17-2014)
Insurance Agreement (7-17-2014)
Investment Fund Analysis (11-4-2015) [3-1-2014 version remains acceptable until the date referenced in Endnote 1 below]
Omnibus Assignment (5-1-2015)
Regulatory Agreement Analysis (3-1-2014)
Repair Letter – Operational Repairs (3-1-2014)
Section 8 Housing Assistance Payment Contract Analysis (3-1-2014)
SNDA for Commercial Leases (5-1-2015)
SNDA for Service Agreements (7-17-2014)
Subordination Agreement – Governmental Entity (3-1-2014)
Subordination Agreement – Loan Not Secured by Property (10-24-2014)
Subordination Agreement – Private Entity (3-1-2014)
Subordination Agreement – Related Entity (3-1-2014)
Tax Abatement / Exemption / PILOT Questionnaire (5-20-2015)
Title Exception and Survey Analysis (6-30-2015)
RIDERS TO MISCELLANEOUS
Housing Assistance Payments Contract Rider to Financing Statement Exhibit B (3-1-2014)
CERTIFICATIONS
Borrower Quarterly Certification – Value Add Transaction (5-1-2015)
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Recycled Borrower Certification (9-4-2015) [5-1-2015 version remains acceptable until the date referenced in Endnote 4 below]
Recycled Borrower Certification – Multiple Entities Comprising Borrower (5-1-2015)
Recycled SPE Equity Owner Certification (9-4-2015) [5-1-2015 version remains acceptable until the date referenced in Endnote 4 below]
Seller’s Certification of Outstanding Items (5-1-2014)
Seller’s Certification Regarding Certificates of Occupancy (7-17-2014)
Seller’s Counsel’s Certification (11-4-2015) [5-1-2015 version remains acceptable until the date referenced in Endnote 1 below]
Seller’s Title Insurance Certification (7-17-2014)
Survey Certificate (7-17-2014)
SENIORS
Loan and Security Agreement – Seniors Housing (9-4-2015) [5-20-2015 version remains acceptable until the date referenced in Endnote 4 below]
Cash Management Agreement – Seniors Housing (3-1-2014)
Certificate of Operator/Property Manager – Seniors Housing (7-17-2014)
Clearing Account Agreement – Seniors Housing (3-1-2014)
Collateral Assignment of Licenses, Certificates and Permits – Seniors Housing (7-17-2014)
Collateral Assignment of Management Agreement and Subordination of Management Fees - Seniors Housing (7-17-2014)
Collateral Assignment of Service Contracts – Seniors Housing (3-1-2014)
Financing Statement Exhibit B – Seniors Housing (7-17-2014)
Operating Lease Analysis Form – Seniors Housing (3-1-2014)
Operator’s Estoppel Certificate – Seniors Housing (3-1-2014)
Security, Assignment and Subordination Agreement - Seniors Housing (5-1-2015)
Subordination, Non-Disturbance and Attornment Agreement (Unrelated Operator) – Seniors Housing (5-1-2015)
RIDERS TO SENIORS
Acuity Mix Conversion Rider to Loan Agreement – Seniors Housing (5-1-2015)
Additional Mortgaged Property Rider to Loan Agreement – Seniors Housing (5-1-2015)
Alzheimer’s Dementia & Memory Care Rider to Loan Agreement – Seniors Housing (5-1-2015)
Excess Professional Liability Coverage Shortfall Rider to Multifamily Note – Seniors Housing (3-1-2014)
Fixed to Float Terms Rider to Note – Seniors Housing (7-17-2014)
Insurance Claims History Rider to Loan Agreement – Seniors Housing (3-1-2014)
Medicare, Medicaid and Governmental Payor Rider to Loan Agreement – Seniors Housing (3-1-2014)
Operating Lease Rider to Loan Agreement – Seniors Housing (3-1-2014)
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Seniors Housing Rider to Multifamily Note (3-1-2014)
GROUND LEASE
Ground Lease Analysis (7-28-2015)
Ground Lease Mortgage Rider to Loan and Security Agreement (3-1-2014)
Ground Lease Mortgage Rider to Multifamily Note (3-1-2014)
Ground Lease Mortgage Rider to Security Instrument (3-1-2014)
Ground Lease Mortgage with Fee Joinder Rider to Security Instrument (7-17-2014)
Ground Lessor’s Estoppel Certificate (3-1-2014)
SUPPLEMENTAL LIENS
Supplemental Mortgage Rider to Loan and Security Agreement (5-1-2015)
Supplemental Mortgage Rider to Security Instrument (3-1-2014)
MANUFACTURED HOUSING
Manufactured Housing Rider to Loan Agreement (9-16-2015) [5-20-2015 version remains acceptable until the date referenced in Endnote 5 below]
Manufactured Housing Rider to Security Instrument (7-1-2014)
Manufactured Housing – Affiliate-Owned Homes Rider to Guaranty (5-20-2015)
Manufactured Housing – Affiliate-Owned Homes Rider to Note (5-20-2015)
Manufactured Housing – Private Well And/Or Waste Treatment System Rider to Loan Agreement (5-20-2015)
Manufactured Housing – Private Well And/Or Waste Treatment System Rider to Note (12-21-2015)
Assignment of Private Facility Management Agreement (7-1-2014)
Financing Statement Exhibit B – Manufactured Housing (7-1-2014)
Manufactured Housing Questionnaire (6-30-2015)
LETTERS OF CREDIT
Currently Acceptable Multifamily Loan Documents – Loan Execution
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Letter of Credit (3-1-2014)
Letter of Credit Certification (3-1-2014)
_______________________
Endnote 1:
The updated versions of the documents to which this Endnote pertains (as noted) must be used, as applicable, on loans for which Freddie Mac
issues a Commitment (or receives an Application) on or after December 4, 2015; the updated versions may also be used prior to such date, but
such earlier use is not required.
Endnote 2:
The updated versions of the documents to which this Endnote pertains (as noted) must be used, as applicable, on loans for which Freddie Mac
issues a Commitment (or receives an Application) on or after February 27, 2016; the updated versions may also be used prior to such date, but
such earlier use is not required.
Endnote 3:
n/a
Endnote 4:
The updated versions of the documents to which this Endnote pertains (as noted) must be used, as applicable, on loans for which Freddie Mac
issues a Commitment (or receives an Application) on or after October 5, 2015; the updated versions may also be used prior to such date, but such
earlier use is not required.
Endnote 5:
The updated versions of the documents to which this Endnote pertains (as noted) must be used, as applicable, on loans for which Freddie Mac
issues a Commitment (or receives an Application) on or after October 16, 2015; the updated versions may also be used prior to such date, but such
earlier use is not required.
Note:
Pursuant to the Freddie Mac Multifamily Seller/Servicer Guide, Section 5.2(j):
The Seller or its legal counsel (as applicable) has used a form and version of each Multifamily Loan Document that appears in the Currently
Acceptable Multifamily Loan Documents list available on FreddieMac.com during the period between the date of the Letter of Commitment or the
Currently Acceptable Multifamily Loan Documents – Loan Execution
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date the early rate-lock application was submitted to Freddie Mac and the Origination Date, unless otherwise expressly permitted by the Purchase
and Servicing Documents or as expressly approved in writing by Freddie Mac.
Currently Acceptable Multifamily Loan Documents – Loan Execution
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