FHA has updated underwriting for 232 assisted living centers with 1.45 to 1 DSC and 75% LTV. They have also issued standards for 232 appraisal cap rates. This is more conservative underwriting, similar to conventional financing underwriting.
Temporary waivers for three year rule for new construction now available for properties that can not find a permanent loan.
312 Florence Ave. Evanston, IL 60202
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Commercial Mortgage - Apartment - Healthcare
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