Tap to get financing
HUD Loans
HUD Loans
Loan Programs
FHA & HUD LoansHUD 221(d)(4)HUD 223(f)HUD 223(a)(7)HUD 241(a)HUD 232/223(f)
Calculators
Break-Even Ratio CalculatorCap Rate CalculatorCash-on-Cash Return CalculatorCommercial Mortgage CalculatorDebt Yield CalculatorDSCR CalculatorLoan Repayment CalculatorLTV CalculatorNOI Calculator
Resources
BlogLoan DocsHUD REAC InspectionsHUD Section 202 Supportive HousingHAP Contracts2021-2022 HUD Multifamily Basic Statutory LimitsFrequently Asked Questions
About
CompanyLeadershipTeamWe're Hiring
Contact Us
Get financing
Was This Article Helpful?
Newly Published
Oct 5 at HUD Loans
HUD’s New Surplus Cash Distribution Changes
Oct 3 at HUD Loans
What Are Replacement Reserves?
Sep 12 at HUD Loans
Is HUD Financing Available for Assisted Living Facilities?
Explore the Janover Network
Feb 2 at Multifamily Loans
Top 10 Fannie Mae Multifamily Lenders of 2023
Jan 31 at Commercial Real Estate Loans
Top 10 Commercial Property Management Companies of 2023
Jan 30 at Commercial Real Estate Loans
Top 5 Markets for Medical Office Investing in 2023
Last updated on Dec 5, 2022
3 min read

HUD.Loans

Find what HUD financing options are available for your multifamily investment and catch up on the latest in the sector.

Get Quotes ← Apply for a loan in minutes and get multiple quotes today

In this article:
  1. Our mission is to simplify and streamline the HUD loan process for everyone — multifamily owners and developers alike.
  2. HUD 223(f)
  3. HUD 221(d)(4)
  4. Get Financing

Our mission is to simplify and streamline the HUD loan process for everyone — multifamily owners and developers alike.

It may be common knowledge that the Department of Housing and Urban Development is the source of the apartment industry's most affordable, longest-term, best-leveraged, fully amortizing, nonrecourse, assumable financing. Unfortunately, due to perceptions of insurmountable red tape and lengthy closing times, many people believe that HUD loans aren’t worth the trouble. As a result, many multifamily investors never even consider what could be their best source of financing.

In contrast, the reality is this: Besides being grossly misunderstood, HUD-insured loans are one of the greatest and most underused tools in the industry.

Our team exists solely to help others secure HUD-insured multifamily financing. To do this, we provide clear and realistic expectations, a well-communicated timeline, and easy-to-understand requirements. This allows us to successfully work with multifamily investors who have never considered a HUD or FHA loan. We also work with owners and developers that may have unpleasant experiences with intermediaries or lenders that may not have been a great fit.

We partner with industry leaders and investors that fund billions of dollars in loan volume per year. As a result, we know the strengths and weaknesses, the niches, and each teams’ ability to execute. Our underwriting is always a deep dive and hiccups are thoroughly avoided through clear communication and rigorous work on our end.

In brief, we are experts that specialize in arranging FHA-insured loans for market-rate, affordable and senior multifamily properties, providing certainty of execution to every client. 

[

](/fha-223f)

HUD 223(f)

HUD 223(f) is intended for the purchase or refinance of apartment properties of any class, including cooperatives, affordable housing, independent living or subsidized multifamily properties. 223(f) loans are fixed rate and fully amortizing during the 35-year term with available leverage of up to 85% LTV, and even higher for subsidized properties. All FHA-insured multifamily debt, including 223(f) loans, are nonrecourse with standard carve-outs.

Download our easy-to-read HUD 223(f) loan term sheet.

[

](/fha-221d4)

HUD 221(d)(4)

HUD 221(d)(4) is probably the best known HUD product, used for ground-up construction or substantial rehabilitation of multifamily properties. These loans offer leverage up to 85% of cost for market-rate developments, going even higher for affordable properties. They are fixed rate and fully amortizing for 40 years after an up to three-year, fixed-rate, interest-only period during construction. HUD 221(d)(4) debt is nonrecourse with standard carve-outs.

Download our easy-to-read HUD 221(d)(4) loan term sheet.

Get A Free HUD/FHA Multifamily Loan Quote

In this article:
  1. Our mission is to simplify and streamline the HUD loan process for everyone — multifamily owners and developers alike.
  2. HUD 223(f)
  3. HUD 221(d)(4)
  4. Get Financing

Getting commercial property financing should be easy.⁠ Now it is.

Click below for a free, no obligation quote and to learn more about your loan options.

Get financing →
Janover logo

HUD Loans is a Janover company. Please visit some of our family of sites at: Multifamily Loans, Multifamily Today, Commercial Real Estate Loans, SBA7a Loans, CMBS Loans, Apartment Loans, HUD Loans, HUD 221d4 Loan, HUD 232 Loan, HUD 223f Loan, HUD 223a7 Loan, SBA Express Loans, SBA 504 Loans, and OpportunityZones Help.

Janover Inc.

6401 Congress Ave
Ste 250
Boca Raton FL 33487

hello@hud.loans

Site Information

Privacy Policy
Terms of Use

This website is owned by a private company that offers business advice, information and other services related to multifamily, commercial real estate, and business financing. We have no affiliation with any government agency and are not a lender. We are a technology company that uses software and experience to bring lenders and borrowers together. By using this website, you agree to our use of cookies, our Terms of Use and our Privacy Policy. We use cookies to provide you with a great experience and to help our website run effectively.

Freddie Mac® and Optigo® are registered trademarks of Freddie Mac. Fannie Mae® is a registered trademark of Fannie Mae. We are not affiliated with the Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA), Freddie Mac or Fannie Mae.

Copyright © 2022 Janover Inc. All rights reserved.