IF MITT WINS PROGRAMS DEAD SO DON't BOTHER READING OR APPLYING TO HUD
APARTMENT LENDER FNMA DUS LARGE APARTMENT LOAN - FNMA Small Apartment - FHA 223F: #GOP #RNC #MITT #ROMNEY PROMISE TO CLOSE FHA HUD APARTMENT HOSPITAL SENIOR HOUSING FINANCES for INVESTMENT BANKER FRIENDS
Work with one of the top Apartment and Healthcare Lending teams, KENDALL REALTY ADVISORS have spent over twenty five years each, lending on Apartments and Healthcare
FHA 242/223(f) Hospital Refinance - No Construction Required NEW
Tuesday, April 17, 2012
Monday, April 16, 2012
Apartment Loans Nationally $2,000,000 and up Small Apartment loans Chicago FNMA FHA and Community Banks
Apartment Loans Nationally $2,000,000 and up
Small Apartment loans Chicago
FNMA FHA and Community Banks
RATES
Wednesday, April 11, 2012
Monday, April 9, 2012
Saturday, October 1, 2011
FHA 223 F Rates
Apartment loan rates have moved down and now FHA 223(f) 35 year loans from $2,000,000 and up are under 4% fixed. This is due to the "TWIST" action by the FED and the EU currency crisis with Greece on the verge of certain default.
This programs is for owners of a few properties with good credit. Cash out loans up to 75% Purchase and no cash out loans up to 83%.
Click here for LOAN PROGRAMS Click here for Rates
Sunday, September 18, 2011
Small Apartment Loans Chicago - Fixed Rate Non-Recourse Low Cost Apartment Loans Nationally: FNMA SMALL APARTMENT LOAN THE PROCESS
Small Apartment Loans Chicago - Fixed Rate Non-Recourse Low Cost Apartment Loans Nationally: FNMA SMALL APARTMENT LOAN THE PROCESS
The Process - These loans have a process and they require good documentation. A commitment or rate lock will not happen until all the reports are in and all of the underwriting is complete. Once the commitment is issued, a rate lock and closing can be done quickly. If a loan does not fit the program an application will not be issued.
We will review some basic information about the properties historical income and the borrower's financials situation and then issue a quote. If the borrower likes the quote they will receive and sign the application and send the application deposit. The appraisal and other reports will be ordered. Once the reports are in and the borrower has submitted all the required documentation, the commitment will be issued. The borrower documents include organizational documents, personal financial statements, copies of bank statements, real estate schedules, property income and expense statements, rent roll, copies of leases as well as other forms.
Wednesday, July 8, 2009
FHA 242 223 F Hospital Finance Without Construction
The FHA 242/223(f) program is now taking application for Hospital Refinance without the requirement of construction or repair. Hospitals with less than 20% of the loan proceeds used for upgrades are eligible for this program. In some cases, hospitals with historical and audited documentation of positive cash flow and market need, a market study and/or new audit may not be required. For more information go to FHA 242 FHA 223F
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