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FHA/HUD Commercial Construction Loan and Permanent Financing

Apartment Loans & Assisted Living Loans

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Geographic Preference:United States and its territories
commercial construction-permanent loan Property Types:Multi-Family Loan, Apartment Loan, Senior Apartment Loans, Congregate Care and Assisted Living Loan
Loan Amount:$6 million minimum - $100 million maximum
Loan Term:40 years fully amortized
Loan to Cost:Up to 90% of Loan To Value
commercial construction-permanent loan Interest Rates:Fixed for the full term - currently in 6.5% range Mortgage insurance - 0.5%
Features:Assumption with approval
Non-recourse
No rent restrictions
No limitation on owner's return
Requirements:Market Study and Appraisal to support the project occupancy and rents
Commercial Construction Loan Fees:Borrower pays all application, inspection, underwriting, and third party costs
 
Click here for more conventional construction loan programs

Fill out the commercial construction loan submission form to submit your project for initial review.

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A top commercial real estate lender is focused on meeting the needs of borrowers, remaining fixed on the markets and exceeding the expectations of the previous year. Many companies also perform a broad array of real estate services including property management, real estate development and asset development. These other services are what can help your company retain their clients with ease.

Some lender's have frequently entered and withdrawn from the current market due to the high volatility of the market.

The goal of any commercial property lender is to maintain the quality of their respective loan portfolios and having all of their borrowers return for subsequent business.

Pre-approval is a lender's actual commitment to lend to you. It involves assembling many financial records and going through the preliminary approval process. Pre-approval gives you a definite idea of what you can afford and is a great way to ensure the seller that you are commercial real estate financed