HUD – FHA Apartment Loan 221 D4

HUD – FHA Apartment Loan 221 D4 2018-05-19T15:14:59+00:00

The FHA 221(D)(4) program is the best product in terms of pricing and terms for apartment construction loans.  It is a hybrid product where the permanent and construction loan are rate locked at the same time. This helps developers determine future interest rate cost and prevents the potential of interest rate creep which can be detrimental to the future earnings of a project.

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