HUD New Construction/Rehabilitation
HUD 202 Refinance
Multifamily Acquisition
Multifamily Refinance
Skilled Nursing Construction
Skilled Nursing Acquisition
Skilled Nursing Refinance
Skilled Nursing-Cash Out
Manufactured Homes
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Highlights |
"MAP" Lender Processing
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Manufactured/Mobile Housing - New Construction
90% Loan-to-Cost
Interest-only construction loan that automatically converts to 40-year permanent
financing
40 Year Amortization
40 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury
Yield
No personal liability (non-recourse)
Negotiable pre-payment terms
1:20 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs may be financed.
Rates and Terms determined by LTV, credit, property type and other conditions.
This is limited information and meant for general reference purposes.
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