Our Team will help you execute your HUD Apartment Loan
Have you considered a FHA apartment loan, but got scared of the process? We are partnered with the Nation's top FHA lenders and can execute all HUD apartment financing programs. From FHA construction or acquisition loans to cash out refinances, TCR can do it all.
PROS of FHA Financing
Lowest Rates Available in the Multifamily Market
Rates are not effected by Max Leverage
Leverage up to 85% LTV
35-40 Year Fixed Rates
Non-Recourse and Assumable
Declining Prepayment Penalty
CONS of FHA Financing
Ownership disbursements limited to 2 times a year.
Annual Audited Property financials required
Mortgage Insurance Premium
Typically larger Escrows Requirements than other Agencies