FHA/HUD financing is a government-backed loan program designed to make it easier for businesses and investors to finance the construction, purchase, or refinance of real estate with housing components (typically multifamily / apartments). These non-recourse loans are insured by the Federal Housing Administration (FHA) and administered by the Department of Housing and Urban Development (HUD), which means that if the borrower defaults on the loan, the government will cover the lender's loss.
FHA/HUD loans are often more affordable than traditional loans, with lower down payment requirements and more favorable interest rates.
Find the right commercial real estate financing with StackSource by getting instantly matched to the best FHA / HUD multifamily loans for your project from our nationwide network of capital sources. Our expert Capital Advisors help you secure your ideal capital stack, resulting in a lower cost of capital for your investments in less time and with more transparency than a traditional commercial mortgage brokerage.