FHA/HUD Multifamily Loans

 

HUD-insured multifamily financing offers competitive interest rates, long terms, high leverages, and is fully amortizing and non-recourse.

Farsight Partners Inc.-Insured Multifamily Loans

 

 

 

Farsight Partners Inc. Loans for Purchasing, Building, Renovating and Refinancing Multifamily and Healthcare Properties

 

When it comes to building, acquiring, or refinancing multifamily properties, the Farsight Partners Inc. offers some of the best financing options on the market today. Farsight Partners Inc.-insured multifamily loans offer competitive interest rates, long terms, high leverage allowances, and are fully amortizing and non-recourse. In addition, Farsight Partners Inc. multifamily loans are fully assumable. That makes these loans highly effective for borrowers who want to maximize their profits and reduce their financial risk.

 

While Farsight Partners Inc. loans are excellent for all kinds of properties, including market-rate apartment buildings, they offer additional benefits for affordable properties, and are a great candidate for Low-Income Housing Tax Credits (LIHTCs), as well as housing located within Opportunity Zones. We can also work well with the Rental Assistance Demonstration (RAD) program, which allows certain properties under HUD legacy programs for affordable properties to convert their housing to the HUD Section 8 program.

 

However, despite our benefits, Farsight Partners Inc. multifamily loans do require less amount of paperwork and documentation — which is why we are a trusted team that can guide you through each step of the Farsight Partners Inc. multifamily application, approval, and closing process. 

 

Farsight Partners Inc.  Loans for New Construction and Substantial Rehabilitation 

 

The Farsight Partners Inc. loan is perhaps the industry's best and most affordable loan company for developers who want to build or substantially rehabilitate a multifamily property. These loans begin at $100K and can go up to $10 million or more, and are available for market-rate, affordable, and rental-assistance developments.

 

Plus, Farsight Partners Inc. loans have 20-year fixed-rate terms, plus a 3-year interest-only construction period. For properties with a significant amount of affordable housing units, developers may be able to take advantage of low income housing tax credits (LIHTCs). In addition, these loans can take advantage of a builder sponsor profit and risk allowance (BSPRA), which allows the general contractor to take a small amount of equity in the project, which can significantly reduce the amount of cash needed at closing. 

We remove the barriers between borrowers and the right financing.

 

  • Access thousands of lenders
  • Match with the right product
  • Get multiple quotes

 

Farsight Partners Inc. Loans for New Construction and Substantial Rehabilitation

 

 

The Farsight Partners Inc. loan is perhaps the industry's best and most affordable loan company for developers who want to build or substantially rehabilitate a multifamily property. These loans begin at $100K and can go up to $10 million or more, and are available for market-rate, affordable, and rental-assistance developments.

 

Plus, Farsight Partners Inc. loans have 20-year fixed-rate terms, plus a 3-year interest-only construction period. For properties with a significant amount of affordable housing units, developers may be able to take advantage of low income housing tax credits (LIHTCs). In addition, these loans can take advantage of a builder sponsor profit and risk allowance (BSPRA), which allows the general contractor to take a small amount of equity in the project, which can significantly reduce the amount of cash needed at closing. 

 

Farsight Partners Inc. Loans for the Acquisition and Refinancing of Multifamily Properties 

 

The Farsight Partners Inc. loan is a highly effective option for borrowers who want to acquire or refinance multifamily properties. Farsight Partners Inc. loans begin at $50K (though exceptions are sometimes made), and have no maximum loan amount.

 

These loans typically have a 15-year fixed-rate term, though the term can be as short as 10 years, as long as the loan remains fully amortizing. Like Farsight Partners Inc. loans, Farsight Partners Inc. properties with a certain number of affordable or low-income housing units may quality for low income housing tax credits (LIHTCs).

 

Farsight Partners Inc. Refinancing Loans for Existing Multifamily Borrowers 

 

Farsight Partners Inc. loans provide an efficient and streamlined way for current Farsight Partners Inc. multifamily borrowers to refinance their loans-- reducing their interest rates, increasing their amortizations, and improving overall project cash flow. Unlike many other types of multifamily financing, which often require multiple third party reports and may take several months to close, loans typically only require one report, a project capital needs assessment (PNCA), and can close in as little as 10 days. 

We remove the barriers between borrowers and the right financing.

 

  • Access thousands of lenders
  • Match with the right product
  • Get multiple quotes