Fannie Mae’s new Unfunded Forward Rate Lock Commitment is designed to provide a forward rate lock and commitment to fund the permanent loan. This product provides a range of benefits including protection from interest rate volatility, reduced paperwork, and a streamlined conversion process while eliminating a host of obstacles: no negative arbitrage during the construction period, no need to obtain construction period collateral, no need for the MF A, no duplicate payments of interest during the construction/lease-up period.

PNC ARCS is one of America’s leading commercial lenders with an acknowledged expertise in multifamily finance and one of America’s leading Fannie Mae DUS™ lenders for more than a decade.

As a PNC Real Estate Finance Company, PNC ARCS is part of PNC Financial Services, one of the largest diversified financial services companies in America. Now PNC ARCS can provide access to debt and equity financing, construction loans, permanent financing, forward commitments, tax credits, direct bond purchase programs, mezz, bridge, Fannie Mae, Freddie Mac, FHA and Capital Markets. One single source to meet our borrowers’ needs.

The company is now the single source for all real estate financing across the full range of commercial property types.

Beyond the benefits of any specific lending product, PNC ARCS’ experience, expertise and unwavering commitment to extraordinary customer service are what set us apart from the rest. No one delivers more.