Loan Product
HUD Loans: Institutional Capital for Multifamily and Senior Housing.
HUD loans are long term, government insured loans for multifamily and healthcare properties. Bigger than bank debt. Cheaper than agency. Non recourse. They take longer to close, but the terms are often the best deal in commercial real estate. I work HUD borrowers through the full process from application to firm commitment to close.
What I Broker
- HUD 223(f): Acquisition or refinance of existing multifamily (5+ units).
- HUD 221(d)(4): New construction or substantial rehab of multifamily.
- HUD 232: Healthcare facilities, including nursing homes and assisted living.
- HUD 223(a)(7): Refinance of existing HUD loans.
Loan Snapshot
- Loan Amounts
- Typically $5M and up
- LTV
- Up to 85% on 223(f), up to 87% on 221(d)(4)
- Term
- 35 to 40 year fully amortizing on most programs
- Recourse
- Non recourse with standard carve outs
- Timeline
- 6 to 12 months from application to close
Rates depend on the deal. Submit your file or jump on a call and I'll get you a real number.
Real Talk
HUD is not fast. It's not cheap up front. But for the right borrower with the right property, the long term economics beat everything else. If you're holding a multifamily asset for 10 plus years, we should talk.
Ready when you are.
Send me your file or pick up the phone. I answer 7 days a week.