HUD 223(f) is intended for the purchase or refinance of apartment properties of any class, including cooperatives, affordable housing, independent living or subsidized multifamily properties. 223(f) loans are fixed rate and fully amortizing during the 35-year term with available leverage of up to 87% LTV, and even higher for subsidized properties. All FHA-insured multifamily debt, including 223(f) loans, are non-recourse with standard carve-outs.
Multifamily Loans
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HUD-Insured Loans
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