Hud Lending

- Overview
- Multifamily
- Assisted Living / Skilled Nursing

Multifamily


New Construction / Substantial Rehabilitation

- 83% Loan-to-Cost
- 40 Year amortization
- 40 Year Term (no balloon)
- No maximum loan amount
- Low, fixed interest rate, based on market spreads over the Ten Year Treasury
- "Developer's Fee" of 10% of cost allowed to be used towards equity requirement
- No personal liability (non-recourse)
- Negotiable pre-payment terms
- 1:20 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable

Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project.


Acquisition

- 83% Loan-to-Value
- 35 Year amortization
- 35 Year Term (no balloon)
- 7.5% Seller promissory note allowed for down payment requirements
- No maximum loan amount
- Low, fixed interest rate, based on market spreads over the Ten Year Treasury
- No personal liability (non-recourse)
- Negotiable pre-payment terms
- 1:20 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable

Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project.


Refinance

- 83% Loan-to-Value, (80% with cash out)
- 35 Year amortization
- 35 Year Term (no balloon)
- No maximum loan amount
- Low, fixed interest rate, based on market spreads over the Ten Year Treasury
- No personal liability (non-recourse)
- Negotiable pre-payment terms
- 1:20 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable

Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project.