See if you Qualify for a HUD Loan
Checking for pre-approval will not affect your credit score.
Types of HUD Loans
Direct HUD / FHA and commercial mortgage banking lenders providing financing for apartments, healthcare facilities, senior living, hospitals, and commercial real estate nationwide.
HUD 223(f) Multifamily Loan
A non-recourse financing solution for the construction, rehabilitation or acquisition of existing market rate, affordable, or age-restricted multifamily properties.
✔ 35 - 40 year Fixed Rate
✔ 85 - 90% Financing✔ Fully Amortizing Loan✔ Non-recourse Financing
✔ Declining Prepayment
✔ Assumable✔ Minimum 85% LTV (80% Cash-out)✔ No affordable units required
✔ Can be 100% market rate or blended✔ Can be combined with Historic Tax Credits, LIHTC, Grants, etc for 100% Financing.
✔ Processing time of 4-6 months.
HUD 223(a)(7) Multifamily Refinance Loan
For borrowers with existing properties insured by FHA to lower their interest rate, increase the loan term, replacement reserves, and to complete minor repairs.
✔ Streamlined Process
✔ 60-90 Day Process
✔ Complete Capital Improvements
HUD Section 241(a) Supplemental Loan
Designed to allow property owners the ability to extend the life of their project and remain competitive in the marketplace.
✔ For borrowers with existing HUD loans
✔ Replacements (including major movables)
✔ Energy conservation measures
✔ Does not require refinancing of the first mortgage.
✔ 90% LTC✔ 1.11x DCR
HUD 232 Healthcare Loan
A non-recourse financing solution for the construction or rehabilitation of eligible healthcare facilities.
✔ 40 Year Fixed Rate
✔ 75-85%Financing✔ Ground Up Construction✔ Major Rehabilitation✔ Non-Recourse✔ Assumable by Investors✔ Declining Prepayment
✔ Board and Care Facilities
✔ Memory Care
✔ Skilled Nursing
✔ Assisted Living Facilities.
HUD 232/233(f) Healthcare Acquisition Loan
A non-recourse financing solution for the acquisition or refinanceof eligible healthcare facilities.
✔ 35 Year Fixed Rate✔ Non-Recourse✔ Assumable by Investors✔ Declining Prepayment✔ Fund Capital Improvements✔ Increase Reserve Deposits
✔ Board and Care
✔ Assisted Living Facilities
HUD 232/223(a)(7) Healthcare Refinance Loan
For borrowers with existing healthcare facilities insured by HUD to lower their interest rate, increase the loan term, replacement reserves and complete minor repairs.
✔ Streamlined Process✔ Non-Recourse✔ 60-90 Day Process✔ Complete Capital Improvements
HUD 221(d)(4) Affordable Housing Construction Loan
Debt financing for the ground up construction or rehabilitation of affordable housing projects nationwide.
✔ Developer's Fee Available
✔ Highest Leverage Loans
✔ Can Combine with LIHTC
✔ RAD Conversions Eligible
HUD 242 Hospital Construction Loan
Provides financing for acute care hospitals – including Critical Access Hospitals.
✔ Facility must be an acute care hospital
✔ Mortgage cannot be insured if construction project is already under way.
✔ Eligible for a 90% loan-to-value ratio
✔ 25 Year Fixed Rate
HUD 242/223(f) Hospital Acquisition Loan
Ready to see if you Qualify for a HUD Loan?
Schedule a no-obligation consultation or call us today at 800.521.7897
Hub Financing, LLC
19L Inn Street
Newburyport, MA. 01950
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Phone: (800) 521-7897Fax: 800-521-7897
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