“It’s a HUD loan. Does it matter where I get it?” This is a question that Cambridge Realty Capital regularly encounters when speaking to borrowers about securing a HUD loan. [...]
In a market where conventional loans are becoming increasingly difficult to obtain by skilled nursing facility owners, the HUD loan remains an accessible product for such properties, declares [...]
HUD 232 funding has traditionally been thought of as a product that is available strictly to licensed senior care facilities. However, a recent senior living deal in Florida may have opened the [...]
Obtaining a HUD loan is a meticulous process, but the introduction of the HUD Lean application in 2009 has considerably streamlined this process. However, according to Cambridge Realty Capital [...]
Cambridge Realty Capital again placed in the Top 10 in the US for total amount of HUD 232 loan money granted in 2017. The data for the annual list is compiled and published by the US Federal [...]
You might think “a HUD loan is a HUD loan? what difference does it make which institution I get it through? Won’t any old bank do?” Obtaining an FHA 232 HUD loan is like [...]
HUD loans offer some significant and noteworthy benefits compared to traditional mortgages. Nevertheless, some of the intricacies and idiosyncrasies of the HUD loan and the process a senior [...]
Most senior housing/healthcare industry borrowers are well aware of the features, advantages and benefits of popular HUD 232 Lean funding programs. That’s a given. “Borrowers realize that the [...]
A new HUD proposal currently under review will effectively take interest rate risk out of the equation for some senior housing/healthcare borrowers looking to take cash out when refinancing [...]
Some things never change but may get easier to work with over time. For example, applying for and securing an FHA-approved HUD 232 loan has been likened to balancing the interests of borrowers, [...]