The Department of Housing and Urban Development (HUD) offers a variety of loan programs that provide benefits to borrowers. These loan programs include the HUD 223(f) loan for the acquisition and refinancing of multifamily properties, the HUD 221(d)(4) loan for multifamily construction, and the HUD 232 loan for healthcare facilities. These loan programs offer benefits such as low interest rates, long-term fixed rates, and up to 35-year amortization periods. Additionally, HUD loans are non-recourse, meaning that the borrower is not personally liable for the loan.
To learn more about the benefits of HUD loan programs, visit the following links:
HUD 223(f) Loan Program
HUD 221(d)(4) Loan Program
HUD 232 Loan Program