Apartment Lender News FHA Proposed Changes to FHA 223(f) and FHA 221(d)(4) Loan Underwriting

Friday, March 5, 2010

Apartment Lender News FHA Proposed Changes to FHA 223(f) and FHA 221(d)(4) Loan Underwriting

FHA 221(d)(4) Market Rate Loans now maximum loan to value is 83.5% and Debt Service Coverage is 1.20 to 1. For more information on these changes go www.kendallrealtyadvisors.com

About Us:

Our knowledgeable team has worked in the mortgage banking/investment banking industry for the past 24 years specializing in healthcare lending, multifamily housing, FHA and FNMA insured loans. Throughout our careers, we have originated and/or underwritten in excess of $745,000,000 in mortgage loans with a focus on acute care hospitals, assisted living facilities, senior housing, and skilled nursing facilities. Previously our team has worked for several NY-based investment banking/mortgage banking firm specializing in conventional and government-assisted loans. Chuck has been president of a FHA mortgage company and a developer. Scott was the VP of Origination for several FHA and FNMA lenders. He has extensive experience working on affordable housing as the Midwest Loan Officer for FNMA Multifamily Affordable Housing Products. We understand that the integrity of the loan officer for the loan quote and rate pricing can make a huge difference for FHA clients.

Apartment Construction Lender - FHA - Fannie Mae and Freddie Mac Multifamily Housing Finance

FHA 221(d)(4) Construction Loans Market Rate Housing, Affordable Housing

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Friday, March 5, 2010

Apartment Lender News FHA Proposed Changes to FHA 223(f) and FHA 221(d)(4) Loan Underwriting

Commercial Mortgage - Apartment - Healthcare