Affordable Housing Weekly Rates

Market rates Affordable housing rates

Affordable Housing weekly rates*
Index	Current	Previous
30-day AVG SOFR	3.64%	3.64%
7-year UST	4.11%	4.12%
10-year UST	4.31%	4.31%
3-year SOFR SWAP	3.58%	3.58%
10-year SOFR SWAP	3.86%	3.87%
15-year SOFR SWAP	4.06%	4.07%

Fannie Mae MAH preservation*
Execution	Forward	Term	Amort	DSCR	LTV	Index	Index rate	Spread	All-In Rate	IO add term	IO add rate
MAH Preservation	Immediate	7 Years	30 Years	1.20x	80%	7Y UST	4.1143%	1.29% - 1.59%	5.40% - 5.70%	1 Year	0.01%
MAH Preservation	Immediate	10 Years	30 Years	1.20x	80%	10Y UST	4.3091%	1.08% - 1.38%	5.39% - 5.69%	2 Years	0.02%
MAH Preservation	Immediate	12 Years	30 Years	1.20x	80%	10Y UST	4.3091%	1.22% - 1.52%	5.53% - 5.83%	3 Years	0.03%
9% Immediate	Immediate	15 Years	35 Years	1.15x	90%	10Y UST	4.3091%	1.35% - 1.65%	5.65% - 5.95%

Fannie Mae MAH taxable bond*
Execution	Forward	Term	Amort	DSCR	LTV	Index	Index Rate	Spread	All-In Rate
9% Forward	30 Mo + 6 Mo	15 Years	35 Years	1.15x	90%	10Y SOFR SWAP		Contact Originator for Quote
WF Forward	30 Mo + 6 Mo	10 Years	30 Years	1.20x	80%	10Y SOFR SWAP		Contact Originator for Quote
WF Forward	30 Mo + 6 Mo	15 Years	30 Years	1.20x	80%	10Y SOFR SWAP		Contact Originator for Quote

Fannie Mae MAH tax exempt bond*
Execution	Forward	Term	Amort	DSCR	LTV	Index	Index rate	Spread	All-In Rate
4% MTEB	Immediate	15 Years	35 Years	1.15x	90%	MMD	3.65%	1.71% - 1.91%	5.36% - 5.56%
4% MTEB	30 Mo + 6 Mo	15 Years	35 Years	1.15x	90%	MMD	3.65%	2.01% - 2.21%	5.66% - 5.86%
4% MTEB	30 Mo + 6 Mo	17 Years	40 Years	1.15x	90%	MMD	3.65%	2.21% - 2.41%	5.86% - 6.06%

Freddie Mac TAH preservation/taxable*
Execution	Forward	Term	Amort	DSCR	LTV	Index	Index rate	Spread	All-in rate	IO add term	IO add rate
CME Preservation	Immediate	7 Years	30 Years	1.25x	80%	7Y UST	4.1143%	1.30% - 1.40%	5.41% - 5.51%	1 Year	0.02%
CME Preservation	Immediate	10 Years	30 Years	1.25x	80%	10Y UST	4.3091%	1.12% - 1.22%	5.43% - 5.53%	2 Years	0.04%
9% Immediate	Immediate	15 Years	35 Years	1.15x	90%	10Y UST	4.3091%	1.71% - 1.81%	6.02% - 6.12%	3 Years	0.06%
9% Forward	30 Mo	15 Years	35 Years	1.15x	90%	10Y UST	4.3091%	2.27% - 2.37%	6.58% - 6.68%
Non-LIHTC Forward	30 Mo	10 Years	30 Years	1.25x	80%	10Y UST	4.3091%	1.75% - 1.85%	6.06% - 6.16%
Non-LIHTC Forward	30 Mo	15 Years	30 Years	1.25x	80%	10Y UST	4.3091%	1.96% - 2.06%	6.27% - 6.37%

Freddie Mac TAH tax exempt bond*
Execution	Forward	Term	Amort	DSCR	LTV	Index	Index Rate	Spread	All-In Rate
4% TEL	Immediate	15 Years	35 Years	1.15x	90%	10Y UST	4.309%	1.29% - 1.39%	5.60% - 5.70%
4% TEL	30 Mo	15 Years	35 Years	1.15x	90%	10Y UST	4.309%	1.85% - 1.95%	6.16% - 6.26%
4% TEL	30 Mo	17 Years	40 Years	1.15x	90%	10Y UST	4.309%	1.97% - 2.07%	6.28% - 6.38%

BWE Direct Bond Purchase
Execution	Term	Amort	DSCR	LTV	Index	Index Rate	Spread	All-In Rate
4% Fixed Const	3 Years	Interest Only	1.15x	80% LTC/90% LTV	3Y SOFR SWAP	3.5776%	1.60% - 2.90%	5.18% - 6.48%
4% Fixed Perm	15 Years	40 Years	1.15x	80% LTC/90% LTV	15Y SOFR SWAP	4.0613%	1.70% - 2.25%	5.76% - 6.31%

Direct Bond Purchase:

Supplemental taxable financing available, contact BWE originator for indications

GNMA*
Execution	Forward	Term	Amort	DSCR	LTV	Index	All-In Rate	MIP
223(f)	Immediate	35 Years	35 Years	1.11x	90% LTV	10Y UST	5.37% - 5.70%	0.25%	**$1.5MM+
221(d)(4)	Const to Perm	Const + 40 Years	40 Years	1.11x	90% LTC	10Y UST	5.90% - 6.21%	0.25%	**$2.5MM+
USDA/RHS 538 GRRHP	Immediate	40 Years	40 Years	1.15x	70% LTC/90% LTV	10Y UST	5.53% - 6.03%	0.25%	**$750k+
USDA/RHS 538 GRRHP	24 Mo	40 Years	40 Years	1.15x	70% LTC/90% LTV	10Y UST	6.90% - 7.50%	0.25%	**$750k+
USDA/RHS 538 GRRHP	Const to Perm	Const + 38 Years	40 Years	1.15x	70% LTC/90% LTV	10Y UST	6.03% - 6.38%	0.25%	**$750k+

Notes:

*Spread indications assume a loan size of $10,000,000.
**Interest only and additional amortization available for select sponsors and strong markets
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