Podcast: Download (Duration: 7:51 — 7.4MB)
Did you know?
HUD loans are the “secret sauce” to getting the best terms on multifamily loans. They offer:
Up to a 40-year fixed-rate, fully amortizing loan (eliminates interest rate risk) (rates are at historic lows right now)
Lowest long term fixed-rate of any multifamily loan program available
Non-recourse
No networth or liquidity requirements
Assumable mortgage
LTV’s 5% to 10% higher than other programs (highest LTV % in the marketplace)
All that and more!
If you're in Multifamily, you need to consider a HUD loan.