| Program | Benefits | Presentation | Term Sheet | Calculator | Application |
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HUD 242 FHA insured long term, fixed-rate financing for new construction, substantial rehabilitation or modernization of licensed hospitals and replacement facilities nationwide |
25 year, fixed rate, non-recourse, one closing. The loan amount is the lesser of: 1. 90% of total eligible development costs, or 2. 1.25 debt service coverage |
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HUD 242/223(f) Provides mortgage insurance for the refinance or purchase of existing licensed acute care hospitals. up to 20% of the mortgage amount may be used for capital improvements and equipment. |
25 year, fixed rate, non-recourse, 90% loan to value. |
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