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FHA/HUD section 223(F)

Nationwide (no location restrictions like FNMA and Freddie MAC)

Multifamily, mixed-use, coops, affordable, subsidized housing, and student housing  

Finance cash-out, refinance and acquisition 

No upfront fees

No tax returns

No income verification 

Low fixed rates

Term: 35 years fully amortizing

Loan amounts: $5 million to $100 million+

Occupancy: 85% average occupancy past 6 months (steady or trending up); none for projects completed within 3 years of construction/major rehab 

Non-recourse

Low fees 

Prepayment and assumption negotiable

680+ Credit

Strong borrower/sponsor liquidity, net worth, financials and experience 

Loans close in 4 to 5 months

Let’s Finance Your Next Project Together:

To submit your online loan request, click the blue GET STARTED Link for PRE-APPROVAL 

No upfront fees, tax returns, income verification, credit cards, Social Security Numbers or credit checks are required for PRE-APPROVAL.

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