FHA 223 f rates fixed for 35 years non-recourse financing rates are under 5%.
FNMA Small loans fixed for 10 years are under 6% non-recourse financing starting at $750,000 low application fee $4,500 quick commitments and closings, appraised values have been holding up on recent deals.
Check out FHA 223 f and FNMA Small Loan
KENDALL REALTY ADVISORS LLC FHA APARTMENT LOANS - FHA, FNMA and Freddie Mac Apartment and Healthcare Loans - Work with one of the top Apartment and Healthcare Lending teams. Based in Chicago, IL we have spent over twenty five years each, lending on Apartments and Healthcare properties using FHA and FNMA programs - National FHA, Fannie Mae and Freddie Mac Apartment and Healthcare Lender
Wednesday, July 14, 2010
Thursday, April 22, 2010
HUDNo.10-070/U.S. Department of Housing and Urban Development (HUD)
New Net Worth Requirement FHA 223 f, 221(d)(4) and FHA 232 Lean Lenders $1,000,000 see HUD press release.
HUDNo.10-070/U.S. Department of Housing and Urban Development (HUD)
HUDNo.10-070/U.S. Department of Housing and Urban Development (HUD)
Friday, March 26, 2010
Sunday, February 28, 2010
FHA wacks Loan to Cost to 83% DSC to 1.20 for Market Rate Apartments
Due to the seven million jobs we lost to the Unregulated Financial Casino Game we played for ten years FHA is cutting loans like everyone eles.
For more bad news go to http://www.fhaapartmentlender.com/ and check out what the loan to value and DSC for FHA 232 Lean loans.
For more bad news go to http://www.fhaapartmentlender.com/ and check out what the loan to value and DSC for FHA 232 Lean loans.
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