HUD 232 Loans
Total 3 Posts
The HUD 232 loan program is a long-term, fixed-rate, non-recourse loan program intended for the construction, acquisition, and refinancing of senior housing and healthcare properties.
Greystone Provides $13M for Skilled Nursing Home
HACO Properties received the loan for the acquisition of a 120-bed facility in Rockwall, Texas.
HUD Multifamily Lending Update: Q4 2019
The Department of Housing and Urban Development (HUD) is proposing a significant change to its multifamily lending programs, which could attract more borrowers.
HUD 232 Loan Program Relaxes Cash-Out Rules For Borrowers
HUD 232 loan borrowers have traditionally needed to wait 24 months after taking cash out from a lender before refinancing with HUD. Fortunately, HUD recently adjusted their rules to eliminate this waiting period, provided that the proposed loan fits several other parameters.