Search
Team member:

    Freddie Mac SBL

    OVERVIEW

    Ready Capital is an approved Freddie Mac SBL seller/servicer, providing small balance loans from $1 million up to $7.5 million with both fixed- and hybrid- rate structures. We provide capital for acquisition, refinancing and cash-out requests, and take pride in delivering quick closings backed by flexibility and common-sense underwriting.

    Check out our most recent transactions and client testimonials:

    image
    $6,000,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Fresno, CA
    image
    $1,330,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Tempe, AZ
    image
    $5,530,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Joplin, MO
    image
    $2,485,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Joplin, MO
    image
    $2,600,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Charlotte, NC
    image
    $1,460,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Jersey City, NJ
    image
    $1,208,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Clarksville, IN
    image
    $1,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Bedford Hills, NY
    image
    $1,648,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    St. Louis, MO
    image
    $1,038,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Dallas, TX

    “The level of teamwork between the different departments is really superb. It’s nice to work with a lender where the synergy between the people who are involved in the loan work towards a common goal and where the flow of information internally enhances the loan process, not hinders it.”

    - Darryl
    image
    $3,981,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Austin, TX
    image
    $2,300,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Tucson, AZ
    image
    $2,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Woodland, CA
    image
    $3,331,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Austin, TX
    image
    $1,400,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Jupiter, FL
    image
    $1,237,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Hamden, CT
    image
    $4,837,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Killeen, TX

    “Overall, I had a great experience working with everyone on the Ready Capital team and was very impressed. My loan officer was quick to respond to any questions and the closing team was very efficient, given a tight schedule. It was a smooth process and I would definitely choose to work with Ready Capital again in the future.”

    - Susan
    image
    $4,550,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Lithonia, GA
    image
    $2,400,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Lexington, NC
    image
    $1,200,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Red Bank, TN
    $0



    Year Term
    ,

    “It’s been a pleasure working with Ready Capital on this new opportunity, and I would like to express my highest appreciation and respect to everyone who worked diligently with us to get our deal to closure.”

    - Yahav
    image
    $1,423,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Phoenix, AZ
    image
    $1,300,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Bradley Beach, NJ
    $7,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Attleboro, MA
    image
    $2,400,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Charlotte, NC
    image
    $1,700,000
    Purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Portland, OR
    image
    $1,660,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Brookfield, IL
    image
    $1,600,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Minneapolis, MN
    $1,180,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport, CT
    image
    $1,570,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Sellersburg, IN
    $3,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Seattle, WA
    image
    $2,040,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Henderson, NV
    image
    $1,225,000
    Cash-Out Refinance
    Freddie SBL
    Mixed Use
    10 Year Term
    Fort Lauderdale, FL
    image
    $1,504,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Downey, CA
    image
    $1,176,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Monroe, WA
    image
    $1,580,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Cheshire, CT
    image
    $1,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Tualatin, OR
    image
    $1,100,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport , CT
    image
    $1,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Pataskala, OH
    image
    $1,981,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Portland, OR
    $3,420,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Hillside, IL
    image
    $3,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Green Bay, WI
    $2,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Indianapolis, IN
    image
    $2,765,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    San Antonio, TX
    image
    $3,200,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Austin, TX
    image
    $3,450,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Balcones Heights, TX
    image
    $4,300,000
    Bridge-to-Freddie - Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Glendale, AZ
    image
    $5,765,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Olathe, KS
    image
    $6,000,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Shaker Heights, OH
    image
    $7,060,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jeffersontown, KY
    image
    $7,060,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jeffersontown, KY
    image
    $7,060,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jeffersontown, KY
    image
    $8,100,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Jacksonville, FL
    image
    $8,360,000
    Refinance & Stabilization
    Bridge
    Multifamily
    Year Term
    Los Angeles, CA
    image
    $8,515,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Dallas, TX
    image
    $8,900,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Culver City, CA
    image
    $8,975,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Fairfield, OH
    image
    $8,975,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Hamilton, OH
    image
    $9,125,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Austin, TX
    image
    $9,190,000
    Refinance, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Brewster, MA
    image
    $9,450,000
    Recapitalization & Renovation
    Bridge
    Multifamily
    Year Term
    Dallas, TX
    image
    $10,110,000
    Acquisition & Stabilization
    Bridge
    Multifamily
    Year Term
    Tallahassee, FL
    image
    $10,680,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Des Plaines, IL
    image
    $11,150,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Tucson, AZ
    image
    $11,730,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Phoenix, AZ
    image
    $11,740,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Fort Worth, TX
    image
    $11,760,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Los Angeles, CA
    image
    $14,970,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Seattle, WA
    image
    $14,970,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Edmonds, WA
    image
    $15,000,000
    Acquisition, Conversion, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Birmingham, AL
    image
    $15,675,000
    Refinance, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    San Antonio, TX
    image
    $15,820,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Reno, NV
    image
    $16,800,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Portsmouth, VA
    image
    $17,440,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Pittsburgh, PA
    image
    $17,440,000
    Acquisition & Renovation
    Bridge
    Multifamily
    Year Term
    Pittsburgh, PA
    image
    $17,930,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Little Rock, AR
    image
    $19,180,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Fort Worth, TX
    image
    $21,330,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Houston, TX
    image
    $21,550,000
    Acquisition, Renovation, & Stabilization
    Bridge
    Multifamily
    Year Term
    Phoenix, AZ
    image
    $23,390,000
    Acquisition & Stabilization
    Bridge
    Multifamily
    Year Term
    Dallas, TX
    Criteria

    PRODUCT OVERVIEW

    • Stabilized properties
    • High broker payouts
    • Borrower rebates
    • Loan Size: up to 80% loan-to-value
    • Products: Fixed five, seven, 10 year, hybrid 20 year with fixed five, seven, 10 year
    • Amortization: up to 30 years
    • Prepayment: step down prepay and yield maintenance
    • Short term fixed and floating bridge-to-agency loans
    Michel Gilbert
    Irving, TX

    Michel Gilbert has over 25 years of commercial lending experience for Life Company, Banks, Specialty Finance, CMBS, and Agency platforms. In his current role Michel leads the Strategic Partners team which is dedicated to Freddie Mac Small Balance multifamily loans. This team also originates small balance commercial fixed rate and structured bridge loans. Prior to joining Ready Capital, Michel held positions as Managing Director-Partner with NRF Capital, Regional Director Washington Mutual Bank, and Investment Director at Principal Global Investors. Michel is a graduate of Iowa State University with a BBA in Finance.

    Specialties:
    • Multifamily
    • Bridge
    • CMBS
    • Fixed rate
    Back
    See most recent transactions & client testimonials:
    image
    $4,050,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Denver, CO
    image
    $1,800,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Denver, CO
    image
    $2,800,000
    Purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Colorado Spings , CO
    image
    $1,330,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Tempe, AZ
    image
    $1,600,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Minneapolis, MN
    image
    $2,625,000
    Purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Portland, OR
    image
    $1,700,000
    Purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Portland, OR
    image
    $3,331,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Austin, TX
    image
    $3,981,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Austin, TX
    image
    $6,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Dallas, TX
    $947,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Ridgewood , NY
    image
    $4,200,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Winnetka, CA
    image
    $3,200,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Van Nuys, CA
    image
    $3,175,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    North Hollywood, CA
    image
    $2,900,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Valley Village, CA
    image
    $2,450,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Los Angeles, CA
    image
    $2,325,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    North Hollywood, CA
    image
    $2,200,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Van Nuys, CA
    image
    $1,650,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    North Hollywood, CA
    image
    $1,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    North Hollywood, CA
    image
    $2,400,000
    Cash-Out Refinance
    Fixed rate
    Industrial
    10 Year Term
    Ontario, CA
    $1,400,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Leavenworth, KS
    $4,830,000
    purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Santa Ana, CA
    $2,260,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Los Angeles, CA
    $1,825,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Los Angeles, CA
    $2,470,000
    purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Fullerton, CA
    $3,600,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Roseville, MN
    $1,465,000
    purchase
    Freddie SBL
    Multifamily
    20 Year Term
    Tucson, AZ
    $1,131,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Oklahoma City, OK
    $3,500,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Long Beach, CA
    $5,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Downey, CA
    $3,600,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Richland Hills, TX
    $1,100,000
    purchase
    Freddie SBL
    Multifamily
    20 Year Term
    San Pedro, CA
    $2,000,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Arlington, TX
    NEWS
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    Ready Capital Corporation Announces Securitization of $652.5 Million in Bridge Loans - 09/02/2021
    CRE CLO Securitization is the Company's Sixth Since Ready Capital’s Inception   NEW YORK, September 2, 2021, Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced the closing of a $652.5 million commercial mortgage collateralized loan obligation ("CRE CLO") wit ...
    Ready Capital Announces Acquisition of Red Stone - 08/03/2021
    Leading Real Estate Finance Company Expands Footprint in Multifamily Affordable Housing Sector NEW YORK, August 2, 2021 -- Ready Capital Corporation (NYSE: RC) ("Ready Capital"), a multi-strategy real estate finance company that originates, acquires, finances and services commercial loans, today ann ...
    Ready Capital Announces Strong Q1 Results for Freddie Mac Business - 05/10/2021
    Commercial Lender Builds on Outstanding 2020 Results Ready Capital announced strong results for its Freddie Mac Small Balance Loan (SBL) business during the first quarter, extending into 2021 the increased volume of deals seen by the company in 2020. During the first quarter of 2021, Ready Capital c ...
    Ready Capital National Bridge Team Closes Approximately $655 Million in 11 States in First Quarte... - 04/08/2021
    NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Ready Capital’s National Bridge Originations Team announces the closing of acquisition, refinance, renovation and redevelopment loans for approximately $657 million in 11 states between January 2021 and March 2021. In January, Ready Capital closed the fin ...
    Ready Capital Corporation Announces Securitization of $768 Million in Bridge Loans - 04/01/2021
     Ready Capital Corporation Announces Securitization of $768 Million in Bridge Loans CRE CLO Securitization is the Company’s Largest Since 2005 Inception   NEW YORK, April 1, 2021 -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") announced the closing of a $629 million c ...
    San Francisco multi-housing lease up financed for $104M - 03/05/2021
    SAN FRANCISCO, March 2, 2021 – JLL Capital Markets announced today that it arranged the $104 million refinance of City Gardens, a recently developed multi-housing property located in San Francisco, California. JLL worked on behalf of the borrower, Panoramic Interests, to secure the three-year, float ...
    < older news
    Social Media

    Stay ahead in a rapidly changing environment.

    Click below and follow us on social media for all the latest updates from Ready Capital, including recent deal transactions and thought leadership in commercial lending.

    FOLLOW READY CAPITAL ON SOCIAL MEDIA

    linkedin
    Visit Our LinkedIn Company Page
    SUBMIT A REQUEST

    Connect with us and request a quote to see what product best fits your needs. A product representative will be in touch with you shortly.