Apartment Lender - Freddie Mac - Fannie Mae and FHA Multifamily Housing Finance Apartment Refinance
FHA 223 F Apartment Lending team, fha 232 LEAN, Assisted Living, and Healthcare loans Loans nationally for multifamily and healthcare properties.
Thursday, January 16, 2014
Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...
Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...: 847 903- 7578 Scott Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartmen...
Monday, December 30, 2013
Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013
Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013 - CoStar Group
Through the third quarter of this year, investment sales were up 27%, according to CoStar COMPs data. Industrial investments were up 56% and office up 27%; however, multifamily investments tapered off this year and were actually down about 6%.
Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time
Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year
Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.
Through the third quarter of this year, investment sales were up 27%, according to CoStar COMPs data. Industrial investments were up 56% and office up 27%; however, multifamily investments tapered off this year and were actually down about 6%.
Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time
Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year
Lending remains behind pre-recession levels
Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.
During
that time frame, loans at banks with assets of less than $1 billion
grew by $28.4 billion, or .7 percent annually, while loan balances for
banks with more than $1 billion in assets decreased by $182.8 billion,
or .4 percent.
At the same time, total assets for all banks grew by nearly $1.3 trillion, or 1.9 percent.
Much of that asset growth came from securities, or investments, that could pose a problem for banks in the future.
More
and more of those purchased securities are long-term [five years or
longer], and they could be problematic as interest rates rise in the
future.
Wednesday, November 20, 2013
new Small balance loans - fix/rehab type loans Chicago Suburbs Scott 847-903-7578
Small balance loans and focus on "story book" type
loans which need to close fast and loans that banks will not fund on (i.e. broken condos, fix/rehab type loans, etc).
Or the standards for existing apartments FNMA and FHA RATES
Or the standards for existing apartments FNMA and FHA RATES
Thursday, October 17, 2013
Apartment rates move down on good news the Government is open.FNMA and Freddy open since congress not involved :)
Bad news they went on vacation without re-authorizing FHA lending limit silly guys so no new FHA apartment and home loans resulting in slight downward pressure on home values and owner equity
Hopefully they will return from vacation refreshed and ready to get America back to bidness
Apartment Loan Rates Link
Tuesday, September 10, 2013
Friday, April 12, 2013
Wednesday, March 20, 2013
Apartment Loan rates March 20, 2013 FHA 223 F FNMA Small loan FNMA
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| APARTMENT LOAN RATES 847 903 7578 | KENDALL REALTY ADVISORS | kendallrealty@gmail.com | ||||||||
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| FHA | Freddie Mac | FNMA DUS | FNMA SMALL LOAN | 3/20/2013 | ||||||
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| FHA 223 (f) refinance / purchhase | 35 year term non-recourse Min size $1,500,000 | 83.30% LTV purchase and NO cash out Refinance 87.5% Affordable Housing | 75% LTV Cash out Refinance 87.5% 100% Affordable Large Loans $25,000,000 to $500,000,000+ subject to Central Review and Approval | 1.2 to1 DSC - 100% Affordable 1.15 to 1 | FHA 223(f) Processing times from 4 to 7 months | |||||
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| ALL IN FHA 223 F 35 YR Apartment rate | 3.58% | add 20 basis points 232 /223 f health care assisted living | 35 year TERM fixed self amoritzed | Typical FHA 223(f) upfront costs $15,000 | ||||||
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| Apartment Loan Programs | www.kendallrealtyadvisors.com | |||||||||
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| FNMA DUS | TIER II (2) 1.25 to 1 DSC 75% LTV | TIER III (3) 1.35 to 1 DSC 65% LTV | TIER IV (4) 1.55 to 1 DSC 55% LTV | 2 months to commitment max in most cases | Typically 30 year amortization balloon lons | |||||
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| 10 Year 9.5 YM | 4.17% | 3.98% | 3.80% | Standard DUS PROGRAM nationally $1,000,000 to $100,000,000 plus Application Fee for reports $15,000 most deals very large call for quote | ||||||
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| 30 year FNMA 5.35% | Call for 5, 7, 15 and 30 year | MIN LOAN AMOUNT $1,000,000 | LOW COSTS | |||||||
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| SMALL APART LOAN | TIER II (2) 1.25 to 1 DSC 75% LTV | TIER III (3) 1.35 to 1 DSC 65% LTV | TIER IV (4) 1.55 to 1 DSC 55% LTV | ***Nationally - FNMA Specified MSA and all national locations using FNMA rules for rate add on by location and size.*** | ||||||
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| 10 Year 9.5 YM | 4.36% | 4.28% | 4.08% | LOW COST LOANS FOR STRONG BORROWER NET WORTH EQUAL TO LOAN SIZE ONE YEAR Debt Service Liquidity LOANS from $750,000 to $5m - $4,500 app fee cost Major Cities NY, Chicago and more only | ||||||
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| Treasury bond rates | 0.80% | 1.30% | 1.94% | 3.17% | Updated 9:35 am June 11, 2012 | |||||
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| Treasury Bond Term Years | 5 | 7 | 10 | 30 | ||||||
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| Freddie Mac | Deal by Deal pricing high 3% to low 5% | Typically prefer larger loans large MSA's | Deal by Deal - Up, Down, Equal by 10 to 20 basis points FNMA tier level | Time frame longer approval not delagated add one month over FNMA | CALL FOR QUOTE (847) 903-7578 FREDDIE MAC FNMA FHA - SCOTT | Expanding conservative loans for Student Housing Assisted living | ||||
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| FNMA LARGE LOAN NATIONALLY $5 Million to $200,000,000 - FNMA "SMALL LOAN" SPECIFIED LARGE MSA - * | ||||||||||
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