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.