FHA 232 Lean Process and Rates

Wednesday, April 29, 2009

FHA 232 Lean Process and Rates

All new application for FHA 232 insurance now must filed as FHA 232 LEAN loans.

Rates on FHA 232 Refinances are in the high 5% range.

New Construction FHA 232 Rates - Call Scott at (847) 903-7578

Assisted Living Underwriting now 1.45 to 1 Debt Service Coverage

About Us:

Our knowledgeable team has worked in the mortgage banking/investment banking industry for the past 24 years specializing in healthcare lending, multifamily housing, FHA and FNMA insured loans. Throughout our careers, we have originated and/or underwritten in excess of $745,000,000 in mortgage loans with a focus on acute care hospitals, assisted living facilities, senior housing, and skilled nursing facilities. Previously our team has worked for several NY-based investment banking/mortgage banking firm specializing in conventional and government-assisted loans. Chuck has been president of a FHA mortgage company and a developer. Scott was the VP of Origination for several FHA and FNMA lenders. He has extensive experience working on affordable housing as the Midwest Loan Officer for FNMA Multifamily Affordable Housing Products. We understand that the integrity of the loan officer for the loan quote and rate pricing can make a huge difference for FHA clients.

FHA 232 Lean - Healthcare Lender - Apartment Loans - FHA 223 F - 221D4 Nationally

HEALTHCARE AND APARTMENT FINANCING

Lending Programs

Wednesday, April 29, 2009

FHA 232 Lean Process and Rates

Apartment Lender FHA 223(f) Apartment Refinance

Commercial Mortgage - Apartment - Healthcare

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