fha-multifamily-loans2017-08-29T04:30:37+00:00

FHA Multifamily Loans

We offer FHA loans for Multifamily and Senior Living facilities in all parts of the US.  We specialize in offering non-recourse loans with low fixed rates and a term of up to 40 years.  Our FHA insured loans are some of the most competitive financing packages available for multifamily, skilled nursing, assisted living, and elderly housing. Some highlights of these financing options are listed below.

Call us at 877-292-7350 or contact AgsReward.

 FHA Multifamily Loans (New Construction – FHA Section 221(d)4/221(d)3))

  • Non-recoursefinancing construction of multifamily units
  • 83.3% Loan-to-Cost
  • 40 Year Term/Amortization
  • Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
  • Debt Service Coverage (1.20 Minimum)
  • Assumable loan
  • Third-party expenses and loan costs may be financed

FHA Multifamily Loans (Acquisition/Refinance -FHA Section 223(f))

  • Non-recourseacquisition and refinancing of multifamily property
  • Up to 83.3% Loan-to-Cost
  • Up to 35 Year Term/Amortization
  • Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
  • Debt Service Coverage (1.20 Minimum)
  • Assumable loan
  • Third-party expenses and loan costs may be financed

Skilled Nursing/Assisted Living (New Construction – FHA Section 232)

  • Non-recoursefinancing assisted living properties
  • 90% Loan-to-Cost (95% for Non-Profit Sponsor)
  • Up to 40 Year Term/Amortization
  • Interest-only construction loan that automatically converts to 40-year permanent financing
  • Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
  • Debt Service Coverage (1.05 Minimum Debt Service Coverage for Non-Profit Sponsor)
  • Assumable loan
  • Third-party expenses and loan costs may be financed

Skilled Nursing/Assisted Living (Acquisition/Refinance – FHA Section 232/223(f))

  • Non-recoursenursing home acquisition & refinancing loans
  • 85% Loan-to-Value (No cash out allowed
  • Seller Promissory note of 7.50% Loan-to-Value allowed
  • Up to 35 Year Term/Amortization
  • Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
  • Debt Service Coverage (1.17 Minimum Debt Service Coverage)
  • Assumable loan
  • Third-party expenses and loan costs may be financed

The information contained on this page is limited and meant for general reference purposes. For detailed information or a specific quote on a transaction, please Call us at 877-292-7350 to get more information.