HUD Multifamily Interest Rates

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).