FHA Apartment Lender

Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rate Update

2016-01-18T17:24:00.001-08:00

Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rate Update:

For Expert Consultation call Scott at 847-903-7578 Rates Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loan Rates

Apartment Loan FHA 223f 221d4 FNMA

2016-01-18T17:01:00.000-08:00

For expert service call Scott at 847 903-7578

Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...

2014-01-16T09:26:00.001-08:00

Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...: 847 903- 7578 Scott Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartmen...

new Small balance loans - fix/rehab type loans Chicago Suburbs Scott 847-903-7578 Chuck 773-259-7074

2013-11-20T11:35:00.000-08:00

Small balance loans and focus on "story book" type loans which need to close fast and loans that banks will not fund on (i.e. broken condos, fix/rehab type loans, etc).

Or the standards for existing apartments FNMA and FHA RATES

Apartment rates move down on good news the Government is open.FNMA and Freddy open since congress not involved :)

2013-10-17T09:44:00.000-07:00

Bad news they went on vacation without re-authorizing FHA lending limit silly guys so no new FHA apartment and home loans resulting in slight downward pressure on home values and owner equity

Hopefully they will return from vacation refreshed and ready to get America back to bidness

Apartment Loan Rates Link

Apartment Lender Rates FHA 223F FNMA up way up

2013-09-10T10:51:00.000-07:00

Apartment Lender Loan Rates FHA 223 F FHA 232 Lean Assisted Living Scott Kendall 847-903-7578

2013-04-12T13:16:00.000-07:00

Apartment Loan rates March 20, 2013 FHA 223 F FNMA Small loan FNMA

2013-03-20T08:51:00.000-07:00


.	APARTMENT LOAN RATES 847 903 7578				KENDALL REALTY ADVISORS	kendallrealty@gmail.com
.	FHA	Freddie Mac	FNMA DUS	FNMA SMALL LOAN	3/20/2013
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.	FHA 223 (f) refinance / purchhase	35 year term non-recourse Min size $1,500,000	83.30% LTV purchase and NO cash out Refinance 87.5% Affordable Housing	75% LTV Cash out Refinance 87.5% 100% Affordable Large Loans $25,000,000 to $500,000,000+ subject to Central Review and Approval	1.2 to1 DSC - 100% Affordable 1.15 to 1	FHA 223(f) Processing times from 4 to 7 months
.	ALL IN FHA 223 F 35 YR Apartment rate	3.58%	add 20 basis points 232 /223 f health care assisted living	35 year TERM fixed self amoritzed	Typical FHA 223(f) upfront costs $15,000
.	Apartment Loan Programs	www.kendallrealtyadvisors.com
.
.	FNMA DUS	TIER II (2) 1.25 to 1 DSC 75% LTV	TIER III (3) 1.35 to 1 DSC 65% LTV	TIER IV (4) 1.55 to 1 DSC 55% LTV	2 months to commitment max in most cases	Typically 30 year amortization balloon lons
.	10 Year 9.5 YM	4.17%	3.98%	3.80%	Standard DUS PROGRAM nationally $1,000,000 to $100,000,000 plus Application Fee for reports $15,000 most deals very large call for quote
.	30 year FNMA 5.35%	Call for 5, 7, 15 and 30 year			MIN LOAN AMOUNT $1,000,000		LOW COSTS
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.	SMALL APART LOAN	TIER II (2) 1.25 to 1 DSC 75% LTV	TIER III (3) 1.35 to 1 DSC 65% LTV	TIER IV (4) 1.55 to 1 DSC 55% LTV	*Nationally - FNMA Specified MSA and all national locations using FNMA rules for rate add on by location and size.*
.	10 Year 9.5 YM	4.36%	4.28%	4.08%	LOW COST LOANS FOR STRONG BORROWER NET WORTH EQUAL TO LOAN SIZE ONE YEAR Debt Service Liquidity LOANS from $750,000 to $5m - $4,500 app fee cost Major Cities NY, Chicago and more only
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.	Treasury bond rates	0.80%	1.30%	1.94%	3.17%	Updated 9:35 am June 11, 2012
.	Treasury Bond Term Years	5	7	10	30
.	Freddie Mac	Deal by Deal pricing high 3% to low 5%	Typically prefer larger loans large MSA's	Deal by Deal - Up, Down, Equal by 10 to 20 basis points FNMA tier level	Time frame longer approval not delagated add one month over FNMA	CALL FOR QUOTE (847) 903-7578 FREDDIE MAC FNMA FHA - SCOTT	Expanding conservative loans for Student Housing Assisted living
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.	FNMA LARGE LOAN NATIONALLY $5 Million to $200,000,000 - FNMA "SMALL LOAN" SPECIFIED LARGE MSA - *
.	WWW.KENDALLREALTYADVISORS.COM
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Apartment loan rates FHA 223 f FHA 232 Rates senior housing

2013-01-11T09:03:00.001-08:00

FHA Apartment Loan Rates FNMA Apartment Loans 847-903-7578

2012-12-17T07:29:00.000-08:00

Interest Rates FHA FNMA Apartment Loans

2012-12-06T07:59:00.003-08:00

FHA FNMA APARTMENT LOAN RATES 847 903 7578

2012-11-29T14:03:00.001-08:00

Apartment loan rates FHA A7 223F fast service low fees great rates

2012-10-11T11:03:00.002-07:00

http://www.kendallrealtyadvisors.com/

APARTMENT LOAN RATES CHICAGO NATIONALLY

2012-10-02T14:26:00.000-07:00

APARTMENT LOAN RATES CHICAGO NATIONALLY

APARTMENT LOAN RATES FHA 223 F FNMA

2012-09-20T10:06:00.000-07:00

APARTMENT LOAN RATES 223F FNMA

APARTMENT LOAN RATES 223F FNMA

http://www.kendallrealtyadvisors.com/

commercial property, prices recovered to mid-2003 Levels CoStar 2012 News APARTMENT LOAN RATES LINK

2012-05-24T08:35:00.001-07:00

APARTMENT LOAN RATES LINK
Despite a generally flat March for pricing of commercial property, prices recovered to mid-2003 levels in the first quarter as improving fundamentals and liquidity causing a broadening of the recovery into non-core commercial real estate and secondary markets, according to this month's CoStar Commercial Repeat Sale Indices (CCRSI) report.

At this rate it will be 2006 in ten short years. Oprah sells her Chicago condo for about 1/2 of what she paid. say $3,000,000 on $6,000,000 cost plus extra shoe closets.

Apartment Loans Nationally $2,000,000 and up Small Apartment loans Chicago FNMA FHA and Community Banks

2012-04-16T09:23:00.001-07:00

Apartment Loans Nationally $2,000,000 and up
Small Apartment loans Chicago
FNMA FHA and Community Banks

RATES

FHA 223(f) Rates 4.50% 35 years

2011-04-03T16:59:00.001-07:00

FHA 223(f) Loans Rates 4.5% due to the AAA rating of the GNMA securities Loan amount $2,500,000 and up

This program offers the best rate available for apartment loans and allows for refinancing of debt up to 83.33% and cash out loans up to 75% of value. The process takes about five or six months depending on FHA office and cost a little more than FNMA and Freddie Mac for the reports and FHA exam fee ($3 per $1,000).

The borrower must also hold excess cash flow in an account and only withdraw excess cash flow every 6 months. Annual Audits of income and expenses and balance sheets are also required.

The interest rates and term (35 years) are the main draw. With FNMA and Freddie Mac Multifamily operations under Government control and their parent company destined for closure, FHA GNMA MBS securities have become the highest rated mortgage backed securities with the lowest rates.

This program is not for everyone but for large apartment loans you currently save one or more percent over FNMA or Freddie Mac 10 year loans.

FHA 221(d(4 New Construction

2011-04-03T16:53:00.001-07:00

FHA 221(d)4 New construction loans are being funded by FHA but the total amount of new construction funding is much smaller than the 223(f) refinance funding. Rates at about 1.25 percent higher than 223(f) rates which are about 5% currently.

The cost of qualifying for a FHA new construction loan exceeds most other financing programs since the developer must pay for working drawings, about $30,000 in lender required reports and an FHA exam fee of $3 per $1,000 of mortgage request. The contractor must be able to bond a fixed construction price using Davis Bacon Prevailing local wages.

The typical FHA borrower that use the FHA 221(d)4 program ofter is a repeat client and the transactions are normally in excess of $5,000,000 due to the costs of preparing for closing of the loan.

FHA allows a maximum loan of 83.33% of cost for market rate properties and slightly higher for affordable rental housing. They also require an operating deficit fund and a 4% working capital letter of credit or cash deposit. Basically the equity requirement even after net out BSPRA (Deferred Developer Profit) equals or exceeds 20% at this time.

FHA Apartment Loan Rates

2009-09-19T12:47:00.001-07:00

FHA 223(f) GNMA rates have been around 5% plus MIP for apartment refinance and purchase loans.

FHA 221(d)(4) GNMA rates have been just below 6% plus MIP for apartment construction and rehab loans.

FHA 223(f) Apartment Loans New Construction Takeouts

2009-08-04T08:04:00.000-07:00

FHA is offering waivers for the three year rule for properties that have a Certificate of Occupancy (Co) prior to the date of loan application. This allow us to use the FHA 223(f) program to finance up to 85% of the value of the property if there is no cash out and 80% of the value in cash out transactions.

See:http://www.kendallrealtyadvisors.com/FHA223F.html

FHA Apartment Loan Rate

2009-05-07T10:30:00.000-07:00

The treasury auction flops rates on 10 year treasury jump 15 basis points.

Rates are going up.

Apartment and Healthcare Loans

2009-04-24T12:05:00.000-07:00

The State of Apartment and Healthcare Finance - by Kendall Realty Advisors, Scott Kendall VP-CFO

FHA 223(f) Rates in 5.25% to 5.75% range including MIP
Large Cash out Requests are getting looked at very carefully. 1.17 to DSC
80% cash out loans (Maybe) 85% loans to purchase or up to 85% refinance no cash out.

Fannie Mae Freddie Mac Multifamily Rates about 5.5% 75% loan to value cash outs.

80% Purchase transactions. 1.25 to 1 DSC

FHA 221(d)(4) - Affordable Deals more likely to be approved. Market Rate Deals ONLY IN VERY STRONG MARKETS (ex: Downtown Chicago new construction not likely to be approved).

In conclusion, refinance money is available but large cash outs transactions will not be approved above 75% Fannie Mae 80% FHA (Kendall Opinion)

New Construction Waivers and 85% loans will be approved for stabilized recent construction transactions as part of the emergency waiver.

All in All apartment lending even with more conservative lending practices is in the best shape of commercial lending programs due to the three agency programs.

FHA 232 Lean CWCapital is a leader in FHA Lean, Program great for rehabilitation loans to meet new federal safety standards and for assisted living facilities.

FHA 242 Hospital Loans - Program much faster and streamlined. We are working on several transactions, the rates are low but higher than multifamily loan rates, since we can not use GNMA to provide a AAA rating.

Apartment Construction Loans and Affordable Housing

2009-04-18T23:04:00.000-07:00

Our experience professionals can give you the a straight answer on your refinance or construction loan options and rates. We have been providing FHA Fannie Mae and Freddie Mac Apartment Loans for over 25 years.

Kendall Realty Advisors is providing loans for Market Rate Apartments and Affordable Multifamily Developments using FHA, Fannie Mae and Freddie Mac.

Rates for New Construction are less than 7% and refinance rates are in the low 5% range.

Kendall Realty Advisors are also working on several tax-exempt bond transactions using FHA and Freddie Mac credit enhancement.

FHA Apartment Rates

2009-04-01T18:53:00.000-07:00

FHA 223(f) Rate 5.45% plus MIP

FHA 221(d) Rates 6.3% plus MIP