What are the Major Benefits of the HUD 223(a)(7) Loan Program?
HUD 223a7 Refinance Program Benefits
The HUD 223(a)(7) refinance loan program can reduce interest rates, increase amortization, and improve cash flow while reducing the cost of debt service. It can even absorb prepayment penalty costs. On top of all that, it is one of the fastest, easiest, and most affordable multifamily or healthcare loan that you can get. Plus, HUD 223(a)(7) loans require very little underwriting, and can close in as little as 60-days.
To learn more about the HUD 223a7 refinance program, fill out the form below to speak to a HUD/FHA loan expert.