How Difficult is the Approval Process for HUD 223a7 Loans?
How the HUD 223a7 Approval Process Compared to Other HUD Multifamily Loans
Without a doubt, the HUD 223(a)(7) loan process is faster and has fewer obstacles than other FHA/HUD products. The streamlined, affordable process does not require new third-party reports like appraisals, market studies, or environmental reports. In fact, most 223(a)(7) refinances only require a project capital needs assessment (PCNA).
To learn more about the HUD 223a7 refinance program, fill out the form below to speak to a HUD/FHA loan expert.