Apartment Rehab Loans And Healthcare Rehabilitation Loans
Apartment Financing America has a great deal of experience with substantial rehabilitation loans and a track record of success for having placed more than $200 million in substantial rehabilitation loans in the last five years.
We offer project level financing for substantial rehabilitation. Once again, agency lending is the smartest play for substantial rehabilitation loans. For substantial rehabilitation loans, no one beats FHA 2321d3 and 221d4 construction loans or the FHA 232 healthcare facility loans. FHA rehabilitation financing offers fully amortizing 40 year, non-recourse substantial rehabilitation financing with rates that start as low as 4.15% fixed for 40 years.
FHA construction financing performs equally well financing substantial rehabilitation projects, at the same low rates and upon the same favorable terms as the construction financing. Whether you need substantial rehabilitation financing or new construction financing, Apartment Financing America has the right financing solutions for substantial rehabilitation projects.
Summary information for various rehabilitation loans we offer is below, or Request Loan Information.
CLICK FOR FHA 221D3 SUBSTANTIAL REHABILITATION LOAN INFORMATION
FHA 221D3 SUBSTANTIAL REHABILITATION LOAN
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| FHA 221d3 apartment construction loans are apartment loans exclusively for non-profit borrowers for construction or substantial rehabilitation of multifamily properties. FHA 221d3 apartment construction loans and 221d4 apartment construction loans are the only non-recourse, fixed-rate 40-year construction loans available anywhere. |
| Loan Program |
FHA 221d3 |
| Maximum Loan |
100% of cost |
| Maximum Term |
40 years |
| Interest Rate |
Changes daily |
| Personal Liability |
Non-recourse |
| Eligible Borrowers |
Non-profit borrowers |
| Inspection Fee |
0.5% of loan amount |
| Application Fee |
0.3% of loan amount |
| CLICK FOR FHA 221D3 LOAN DETAILS |
CLICK FOR FHA 221D4 SUBSTANTIAL REHABILITATION LOAN INFORMATION
| FHA 221D4 SUBSTANTIAL REHABILITATION LOAN |
| FHA 221d4 apartment construction loans are multifamily loans for for-profit borrowers for construction or substantial rehabilitation of multifamily properties. FHA 221d4 apartment construction loans are the only non-recourse, fixed-rate 40-year construction loans available anywhere. |
| Loan Program |
FHA 221d4 |
| Maximum Loan |
90% of cost |
| Maximum Term |
40 years |
| Interest Rate |
Changes daily. Click for rates. |
| Personal Liability |
Non-recourse |
| Eligible Borrowers |
Non-profit borrowers |
| Inspection Fee |
0.5% of loan amount |
| Application Fee |
0.3% of loan amount |
| CLICK FOR FHA 221D3 LOAN DETAILS |
CLICK FOR FHA 232 SUBSTANTIAL REHABILITATION OF HEALTHCARE FACILITY LOAN
| FHA 232 SUBSTANTIAL REHABILITATION OF HEALTHCARE FACILITY LOAN |
| FHA 232 loans for substantial rehabilitation of healthcare facilities. New construction or substantial rehabilitation of assisted living and skilled nursing facilities. Construction and permanent financing is available at up to 90% loan to value (95% for non-profits) over a 40-year term. FHA 232 is the only 40-year fixed-rate, fully amortizing, 90% LTV, non-recourse health care facility finance program in existence. |
| Loan Program |
FHA 232 |
| Maximum Loan |
90% of appraisal (95% for non-profits) |
| Maximum Term |
40 years |
| Interest Rate |
Changes daily. Click for rates. |
| Personal Liability |
Non-recourse |
| Eligible Borrowers |
Both for profit and non-profit borrowers |
| Inspection Fee |
0.5% of loan amount |
| Application Fee |
0.3% of loan amount |
| CLICK FOR FHA 232 LOAN DETAILS |
Need a loan for a substantial rehabilitation project? Apartment Financing America offers the very best substantial rehabilitation loans in the world.