Securing financing for residential care facilities should never be a hassle. Yet this process proves problematic for even the most seasoned multifamily borrowers. As baby boomers prepare for retirement, commercial real estate investors will likely encounter more roadblocks that prevent them from obtaining much-needed financing for future projects. Luckily, borrowers working with Hunt Mortgage Group will receive the necessary resources through HUD 232 loans.
As an FHA loan product, HUD 232 loans provide mortgage insurance for residential care facilities, giving lenders more motivation to finance these properties. By utilizing HUD 232 loans, Hunt Mortgage Group can flawlessly finance residential healthcare facilities such as nursing homes, assisted living facilities, and other healthcare properties!
Hunt Mortgage Group Originates HUD 232 Loans To Meet Your Needs
As one of the nation’s leading seniors housing, assisted living, and healthcare debt and equity capital providers, Hunt Mortgage Group uses HUD 232 loans to facilitate financing for new construction/substantial rehabilitation projects (HUD Section 232), as well as acquisitions and refinancing of existing properties [HUD Section 232/233(f)]. This benefits the borrowers because the loan remains at a fixed interest rate, and is also non-recourse.
By partnering with Hunt Mortgage Group, borrowers receive benefits that other lenders cannot provide! Our close relationship with HUD grants us expertise into the HUD 232 loan process that other lenders lack. At Hunt Mortgage Group, we deliver suitable solutions to your multifamily lending requirements, backed by the most competitive rates and favorable terms on the market. Since your time is of the utmost essence, the expert team at Hunt Mortgage Group streamlines the process without sacrificing accuracy, thereby eliminating any hassles and headaches.
Discover The Hunt Advantage When Seeking HUD 232 Loans
As a client, we know that you want and expect a simple, pain-free lending process. No matter the size of your loan, Hunt Mortgage Group remains your best all-around choice for healthcare facility financing through HUD 232 loans. We deliver a competitive multifamily lending experience; offering the best rates and terms to help you reach your goals.
Over the last 45 years, Hunt Mortgage Group has stood at the forefront of lenders approved by the United States Department of Housing and Urban Development (HUD) for originating HUD 232 loans. Our experience, leadership, teamwork, and established relationships with HUD translate into rapid loan processing from start to finish.
When you need adequate financing for healthcare properties, Hunt Mortgage Group will get the job done! Let our renowned team of lenders and originators help you maximize your commercial real estate investments today!
Multifamily Accelerated Processing (MAP) is a national fast-track processing system for the FHA multifamily mortgage insurance programs. As an approved FHA MAP lender, Hunt Mortgage Group is responsible for preparation of most documents required for an application for mortgage insurance and for making a recommendation to the HUD field offices based upon Hunt Mortgage Group’s processing and underwriting.
Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. While every effort is made to include accurate, up-to-date information, HMG does not guarantee the accuracy of the results obtained from this calculator and is not responsible for any errors, omissions, or misrepresentations in such results.
This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, etc. are estimates and should be used for comparison only. HMG does not guarantee any of the information obtained by this calculator. Please contact your HMG originator or servicer for more details.