FHA / HUD Programs

Permanent and Construction loan programs designed for investors / owners that intend to hold assets for a long period.

Property Types:

Affordable Housing Apartments

Assisted Living Facilities

Market Rate Apartments

Memory Care Facilities

Skilled Nursing Facilities

Acute Care Hospitals

General Terms:

35 - 40 Year Amortizations (Term = Amortization, No Balloon Maturities)

Non-Recourse

Low Fixed Interest Rate

80 - 90% Leverage

1.11 - 1.45 Minimum DSCR 

Fully Assumable

Step-Down Prepayment Penalty (No Yield Maintenance / Defeasance)