Fannie Mae publishes a list of DUS lenders. Capital Market Funds is not on that list. Freddie Mac publishes an Optigo lender directory. Capital Market Funds is not an Optigo lender. A Tucson apartment loan that belongs in either program is originated as a file here and executed by a lender who is on the right list. Saying that plainly is the point of this page. The statewide programs are Arizona Fannie Mae and Arizona Freddie Mac. The combined reading is agency financing.
Wikipedia's University of Arizona article describes the university in Tucson. Wikipedia's Davis-Monthan article describes the Air Force base in the city. Both are reasons apartments exist near campus and near the base. Neither one is a borrower, a rent guarantee, or a relationship with this office. Fannie Mae's research and insights pages are national multifamily context. They are not a Tucson rent study, and we do not turn them into a required ratio.
Apartment collateral in the city is Tucson multifamily. The city hub is Tucson. How the two agencies differ, without a ranking, is Fannie Mae versus Freddie Mac. A commercial building that is not apartments does not become an agency loan because it is in Tucson.
Small-balance agency and conventional agency
Conventional agency is the standard apartment execution for a community the approved lender will deliver to Fannie Mae or Freddie Mac. Small-balance agency is the same agencies' path for a smaller apartment property. The dollar line between them is the agency's and the executing lender's, and it can change. This page does not print a cutoff and does not promise that a 40-unit property will be accepted as either one.
Both paths still require a rent roll the lender will underwrite, a property that meets the program, and a sponsor the lender will accept. Lease-up that is not ready for a permanent agency loan is a bridge conversation until it is. We arrange that bridge with private lenders. We do not fund it.
How a non-DUS intermediary places the Tucson loan
The work is the package and the match. We ask which agency the property fits, then which approved lender will look at a Pima County address. The DUS lender or the Optigo lender underwrites, locks, and sells or delivers under its own approval. Our name on an email is not that approval. Capital Market Funds is not a Fannie Mae DUS lender.
Craig Hoebing arranges the request from Scottsdale under Capital Market Funds, LLC - CBK-2007014 - Commercial Mortgage Banker and NMLS 1445066. There is no Tucson office. No tombstone on this site is labeled as a Fannie Mae or Freddie Mac closing.
Tucson market context
- DUS list
- Fannie Mae publishes its DUS lenders. Capital Market Funds is not a DUS lender. A Tucson Fannie Mae loan is executed by a lender on that list. Fannie Mae, DUS lenders
- Optigo directory
- Freddie Mac publishes Optigo lenders. Capital Market Funds is not an Optigo lender. A Tucson Freddie Mac loan is placed with one who is. Freddie Mac, Optigo lenders
- Campus context, cited as Wikipedia
- Wikipedia's University of Arizona article describes the university in Tucson. It is enrollment and location context. It is not an affiliation or a lease. Wikipedia, University of Arizona
Agency is three programs, not one logo
| Source | When it fits |
|---|---|
| Fannie Mae | Stabilized conventional multifamily, originated and placed with the executing lender. We are not a Fannie Mae DUS lender. |
| Freddie Mac | Optigo conventional, targeted, and value-add multifamily. We are not an Optigo Seller/Servicer. |
| HUD / FHA | 223(f), 221(d)(4), and 232 when the process fits. We do not claim MAP or LEAN approval. |
Who signs a Tucson agency loan
Two agencies, one rule on this page: the approved lender executes. We arrange.
| Fannie Mae | Freddie Mac | |
|---|---|---|
| Who delivers | A DUS lender | An Optigo lender |
| This office | Not a DUS lender | Not an Optigo lender |
| Collateral | Tucson apartments that fit | Tucson apartments that fit |
Agency paths for a Tucson apartment community
| Source | When it fits |
|---|---|
| Fannie Mae | A Tucson apartment loan arranged and then delivered by a DUS lender. We are not on Fannie Mae's DUS list. |
| Freddie Mac | A Tucson Optigo loan placed with an Optigo lender. We are not an Optigo Seller/Servicer. |
| Bridge & Private | A short hold when the Tucson community is not yet an agency rent roll, sourced from private lenders. |