FHA Multifamily Loans
Hurst Lending offers FHA multifamily loans for investors in Multifamily and Senior Living facilities (including skilled nursing and assisted living facility financing) in all parts of the US. As a multifamily lender, we specialize in non-recourse loans with low fixed rates and a term of up to 40 years. Our FHA insured multifamily loans are some of the most competitive financing packages available for investors in multifamily, skilled nursing, assisted living, and elderly housing. Some highlights of these financing options are listed below.
- Non-recourse loan
- 83.3% Loan-to-Cost
- 40 Year Term/Amortization
- Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
- Debt Service Coverage (1.20 Minimum)
- Assumable loan
- Third-party expenses and loan costs may be financed
- Non-recourse loan
- Up to 83.3% Loan-to-Cost
- Up to 35 Year Term/Amortization
- Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
- Debt Service Coverage (1.20 Minimum)
- Assumable loan
- Third-party expenses and loan costs may be financed
- Non-recourse loan
- 90% Loan-to-Cost (95% for Non-Profit Sponsor)
- Up to 40 Year Term/Amortization
- Interest-only construction loan that automatically converts to 40-year permanent financing
- Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
- Debt Service Coverage (1.05 Minimum Debt Service Coverage for Non-Profit Sponsor)
- Assumable loan
- Third-party expenses and loan costs may be financed
- Non-recourse loan
- 85% Loan-to-Value (No cash out allowed
- Seller Promissory note of 7.50% Loan-to-Value allowed
- Up to 35 Year Term/Amortization
- Low, fixed interest rate (based on market spreads over 10-Year Treasury Yield
- Debt Service Coverage (1.17 Minimum Debt Service Coverage)
- Assumable loan
- Third-party expenses and loan costs may be financed
The information contained on this page is limited and meant for general reference purposes. For detailed information or a specific quote on a transaction, please email info@HurstLending.com for information about these programs.