When can I get a non-recourse loan?

Direct answer

Typically $1M+ loan on stabilized commercial multifamily through agency (Fannie/Freddie) lenders.

Expanded explanation

Non-recourse means lender can only pursue the property, not personal assets. Standard on agency multifamily; rare on residential. Carve-outs (fraud, environmental) still apply.

Examples

• $2.5M Freddie SBL on a 24-unit apartment with 75% LTV.

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