FHA, Fannie and Freddie Mac Apartment and Healthcare status of programs

FHA rates for 223(f) loans are moving up into the high 5% range from the low 5% range.

FHA 221(d)(4) New construction has remained in a range of 1.25% to 1.5% over the 223(f) permanent rates

FHA 223(f) is now allowing new construction waivers for properties completed in mid 2008 or before.

FHA 221)d)(4) new construction should only be considered in very tight rental markets.

Affordable Housing is FHA's mission and will processed faster per FHA letters.

FHA 242 going strong great program

Affordable and Market Rate Multifamily Housing Lending

Kendall Realty Advisors specialize in affordable rental housing loans.

FHA, Fannie Mae and Freddie Mac National Affordable Housing Lenders.

Credit enhancement of tax-exempt bonds with FHA, Fannie Mae and Freddie Mac.

New construction loans with FHA,

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Equity to close can be provided in Installment Payments for tax-credit transactions.

Non-profit 501(c)3 Apartment financing also available using FHA 223(f) and FHA 221(d)(4).

FHA 223(f) New Construction Waivers

FHA is now providing waivers for permanent loans on recently completed apartment buildings

Contact Kendall Realty Advisors for more information on this program.

Fannie Mae Freddie Mac Loan Rates

Fannie Mae and Freddie Mac are currently lending up 75% for cash out refinance and 80% for purchase transactions.

The loan rates are approximately 250 over ten years treasuries or 5.5% this is in line with expectations that we reached a bottom on loan rate earlier in the year.

Deals are now priced on size, location, market and several other variables.

Contact Kendall Realty Advisors for more information.

We also provide Affordable Housing Loans and Healthcare Facility Financing