Madderra & Cazalot | Real Estate Loan Professionals

• Multi-Family Reports
  • For a complete list of our Multi-Family Report archive, click here >>
    
    Check out our latest issue of the report here
• Finance Reports
  • First Maddera & Cazalot report scheduled for release in early 2011. Please check back.
• Webinars
  • To be announced
• Email Sign Up

  • Sign up to receive our email newsletter

FHA Multifamily Programs

Permanent Fixed Rate and Floating (Adjustable) Rate $3M+ Term: Construction / Rehab Period Plus up to 40 Years
Fully amortizing, fully assumable	Integrated construction / permanent financing
Non-recourse	Credit enhancement for tax exempt financing
Guidelines	Major Programs
Construction/Permanent: - Min DCS 1.11 to 1.2 - Max LT Cost / LTV 83.3% to 90% Refinance: - Max LTV 80% to 90%Min DCS 1.11 to 1.2	- FHA/HUD Section 221(d)(4) – Construction or Substantial Rehabilitation of Multifamily Properties
	- FHA/HUD Section 223(4) – Acquisition and Refinancing of Multifamily Properties
Best Bets	- FHA/HUD Section 223(a)(7) – Refinancing of Properties with Existing HUD Insured Debt
Stabilized multifamily rental Stabilized residential healthcare facilities Properties for new construction or substantial rehabilitation	- FHA/HUD Section 232 Lean – Construction or Substantial Rehabilitation of Healthcare Properties
Not Likely	FHA/HUD Section 232/223(f) Lean – Acquisition and Refinancing of Healthcare Properties
Unstabilized or vacant properties except properties eligible for substantial rehabilitation