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FHA/HUD SECTION 223(F) Loans

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  • FHA/HUD SECTION 223(F) Loans

Interest Rates Starting at 9.99%

FHA/HUD SECTION 223(F) LOANS

Market rate properties of any class, cooperatives, affordable or subsidized housing.

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    Favorable Rates

    We Help You Qualify

    FHA/HUD SECTION 223(F) Loans

    Commercial Space

    Limited to 25% of net rentable area and 20% of effective gross income

    Borrower

    Single asset, special purpose entity, either for profit or non-profit

    Interest Rate

    Fixed for term of loan, determined by market conditions at time of rate lock. Rate lock deposit is 0.5% and refunded at closing.

    Loan Parameters

    For loan amounts up to $100+ Million

    Term and Amortization

    A maximum term of 35 years, fully amortized

    Third Party Reports

    Appraisal, Environmental and Capital Needs Assessment

    Timing

    Typical application is submitted within 45-60 days of engagement, followed by 60-90 days to issuance of HUD’s commitment and 30-45 days to closing.

    Geographical Focus

    Nationwide

    About The Services We Provide

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    FHA/HUD SECTION 223(F) Loans

    Interest Rates Starting at 9.99% FHA/HUD SECTION 223(F) LOANS Market rate properties of any class,...

    CONTACT US

    5100 Westheimer Rd Suite 200 Houston, TX 77056
    Telephone : (713) 823-5189
    Email:markhyland@mail.com

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