312 Florence Avenue. Evanston, IL 50202

Wednesday, August 19, 2009

Apartment Refinance New 223(f) Waiver for New Contruction

FHA new waiver for apartment refinance new properties now can apply once have certificate of occupancy "C.O.".

Rates in high 5% to low 6% range for 35 year fixed rate FHA 223(f) Loan up to 85% of value no cash out loans 80% cash out transactions.

About Us:

Our knowledgeable team has worked in the mortgage banking/investment banking industry for the past 24 years specializing in healthcare lending, multifamily housing, FHA and FNMA insured loans. Throughout our careers, we have originated and/or underwritten in excess of $745,000,000 in mortgage loans with a focus on acute care hospitals, assisted living facilities, senior housing, and skilled nursing facilities. Previously our team has worked for several NY-based investment banking/mortgage banking firm specializing in conventional and government-assisted loans. Chuck has been president of a FHA mortgage company and a developer. Scott was the VP of Origination for several FHA and FNMA lenders. He has extensive experience working on affordable housing as the Midwest Loan Officer for FNMA Multifamily Affordable Housing Products. We understand that the integrity of the loan officer for the loan quote and rate pricing can make a huge difference for FHA clients.

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