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Updated about 9 years ago on . Most recent reply

Multi-family loan rates and terms
What are you seeing on purchase money? HUD FHA 223(f)?
Most Popular Reply

Rate is about right. Term is 35 years with fixed rate and max LTV of 83.3% for market rate units and 85% if affordable housing. Loan amounts are important for HUD as anything under 5MM may not be a good fit cost wise. Fannie and Freddie can be better alternatives on smaller loans.