HUD Multifamily Financing

Are HUD/FHA Loan Programs Only for Affordable Housing?

Are HUD/FHA Loan Programs Only for Affordable Housing?

One of the most common misconceptions about HUD is that it focuses only on low-income, Section 8, and affordable housing. In reality, the HUD 223(f) program is available for all types of market-rate multifamily properties.

What are the Benefits of HUD 221(d)(4) Loans?

What are the Benefits of HUD 221(d)(4) Loans?

Some multifamily developers and investors shy away from HUD loans. Many feel there is a stigma attached to them. Others misunderstand the products, believing they are only for low-income and affordable housing projects. However, these things are not true. In comparison, HUD multifamily loans have several benefits which make them some of the best products in the business:

How to Get the Lowest Rates and Longest Terms for Multifamily Financing

How to Get the Lowest Rates and Longest Terms for Multifamily Financing

Many people aren’t aware that FHA-insured financing offers some of the industry’s longest terms. For example, the HUD 221(d)(4) program is a fixed-rate construction loan. This product is fixed for 40 years plus up to 3 years for construction (43 years total). And HUD 223(f) loans are fully amortizing for as long as 35 years (as long as the term and amortization isn’t more than 75% of the property's remaining economic life).