Securing a multifamily property for the development of an assisted living facility can be a complex and expensive project. Yet one of the most challenging aspects to any commercial real estate investment lies in obtaining necessary financing. Securing financing for residential care facilities should be a hassle. Luckily, borrowers can circumvent obstacles that prolong the loan process through HUD LEAN financing.
Hunt Real Estate Capital Supports HUD LEAN Financing
HUD LEAN financing through Hunt Real Estate Capital now yields a quicker, more streamlined process for healthcare and nursing home transactions. Hunt Real Estate Capital puts you first by providing a rapid application to funding process by minimizing unnecessary fees, and by offering high-leverage options and non-recourse liability.
Through HUD LEAN, borrowers obtain non-recourse, assumable financing for the purchase or refinance of existing assisted living, memory care, and skilled nursing facilities. This attractive program offers numerous benefits such as:
- Low, fixed interest rates
- Amortization of up to 40 years (depending upon the program and asset class)
- Fully assumable loans for qualified buyers
- Negotiable pre-payment provisions
- Minimal reporting requirements
- No personal recourse
- Loan to value of 80%; up to 85% when warranted
- Equipment purchase and repairs of up to 15%
Experience the Hunt Advantage Through HUD LEAN
At Hunt Real Estate Capital, we deliver suitable solutions to your multifamily lending requirements backed by the most competitive rates and favorable terms on the market. We understand your time is precious, so the expert team at Hunt Real Estate Capital streamlines the process without sacrificing accuracy, thereby eliminating hassles and headaches.
No matter the size of your loan, Hunt Real Estate Capital is your best all-around choice for HUD LEAN financing. We know that you want and expect a simple, pain-free lending process, so we provide a competitive multifamily lending interest rate for the terms that work best for you.
Let our renowned team of lenders and originators help you maximize your property investments today!
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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 Real Estate Capital 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 Real Estate Capital’s processing and underwriting.
As a Fannie Mae DUS™ lender, we offer fixed or floating rate financing for acquisition, refinancing, and moderate rehabilitation. Terms range from 5 years to 30 years and may be fully amortizing, or contain partial or full interest-only options. Through these programs we offer first mortgage financing and subsequent supplemental (subordinate) financing and/or substitution of single assets.
Hunt Real Estate Capital provides propriety fixed and floating financing for multifamily, seniors housing, and commercial properties. Our bridge lending program is designed for those seeking interim financing for rehabilitation, preparation for and/or transition to attractive permanent term financing. We structure bridge loans to meet permanent financing criteria within 12-60 months of closing. With our proprietary program, we alone make the credit decision and fund the loans.
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, Hunt Real Estate Capital 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.Hunt Real Estate Capital does not guarantee any of the information obtained by this calculator. Please contact your Hunt Real Estate Capital originator or servicer for more details.