FHA 232(f) LEAN Assisted Living Refinance lender: FHA Section 223 F Loans FHA 232 LEAN LENDER

Showing posts with label FHA Section 223 F Loans FHA 232 LEAN LENDER. Show all posts

Saturday, December 20, 2008

FHA 232f Loans

FHA offers long term fixed rate refinancing for assisted living centers and nursting homes. Rates are currently in the mid 6% range for 35 year fixed rate financing. The debt service coverage is 1.25 to 1 and the loan to value maximum is 85% with no cash out.

About Us:

Our knowledgeable team has worked in the mortgage banking/investment banking industry for the past 24 years specializing in healthcare lending, multifamily housing, FHA and FNMA insured loans. Throughout our careers, we have originated and/or underwritten in excess of $745,000,000 in mortgage loans with a focus on apartments, assisted living facilities, senior housing, and skilled nursing facilities. Previously our team has worked for several NY-based investment banking/mortgage banking firm specializing in conventional and government-assisted loans. Chuck has been president of a FHA mortgage company and a developer. Scott was the VP of Origination for several FHA and FNMA lenders. He has extensive experience working on affordable housing as the Midwest Loan Officer for FNMA Multifamily Affordable Housing Products. We understand that the integrity of the loan officer for the loan quote and rate pricing can make a huge difference for FHA clients.

FHA 232(f) LEAN Assisted Living Refinance lender

Saturday, December 20, 2008

FHA 232f Loans

Commercial Mortgage - Apartment - Healthcare

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