Provide high leverage, non-recourse direct loans for commercial multifamily projects throughout the United States. No project is too big, small, or complex. Whether you are constructing, rehabilitating, acquiring, or refinancing an apartment building, we invite you to contact us so we can complete a free analysis of your project. Multifamily programs include:
221(d)(4)New Construction / Rehabilitation
40 Year Fixed Rate
Non-Recourse
Assumable
Declining Prepayment
No Affordability Required
223(f) Refinance / Acquisition
35 Year Fixed Rate
Non-Recourse
Assumable
Declining Prepayment
80% LTV Cash Out
3-4 Month Processing Time
223(a)(7) Refinance of Existing HUD Loan
Streamlined Process
Non-Recourse
Reduce Interest Rate & MIP
241(a) Supplemental Loans
90% LTC
1.11x DCR
Direct HUD Loans that provides financing for, Board and care, Memory Care, Skilled Nursing, Assisted living facilities. An independent living component no greater than 25% of the total units is allowable. Health Care programs Include:
232 New Construction / Rehabilitation
40 Year Fixed Rate
Ground Up Construction
Major Rehabilitation
Non-Recourse
Assumable
Declining Prepayment
223(f) Refinance / Acquisition
35 Year Fixed Rate
Non-Recourse
Assumable
Declining Prepayment
Fund Capital Improvements
Increase Reserve Deposits
223(a)(7) Refinance of Existing HUD Loan
Streamlined Process
Non-Recourse
Complete Capital Improvements
Providing direct HUD loans for affordable housing projects throughout the United States. Affordable Housing programs include:
221(d)(4)New Construction / Rehabilitation
40 Year Fixed Rate
Non-Recourse
Developer's Fee Available
Highest Leverage Loans
Can Combine with LIHTC
RAD Conversions Eligible
223(f) Refinance / Acquisition
35 Year Fixed Rate
Non-Recourse
Assumable
Declining Prepayment
10-15% Developer’s Fee
Cash Out for Capital Improvements
RAD Conversions Eligible
Leverage can exceed 100%
Combine with LIHTC
223(a)(7) Refinance of Existing HUD Loan
Streamlined Process
Non-Recourse
Reduce Interest Rate & MIP
241(a) Supplemental Loans
90% LTC
1.11x DCR
