Falling FHA Multifamily Mortgage Rates?

Will Economic Indicators Affect FHA Multifamily Mortgage Rates? Today the Jobs report stated that 148,000 non-farms jobs were added in September when the consensus expectation was 185,000 jobs were to be added.  This gap has led the 10 year Treasury yields to drop...

Why Do FHA 221 (d) 4 Loans Take So Long?

Everybody loves the terms of an FHA deal:  high-leveraged, fixed rate, assumable, non-recourse fully amortizing financing for 35-40 years. Terms like that went out with right on, power to the people, make love not war, and Gas-$.53/gallon.  I must confess that I still...
FHA: The Loan of Last Resort?

FHA: The Loan of Last Resort?

 FHA was once thought of as the lender of last resort, but now is often is the first and best option for many borrowers. So what changed?How did FHA get the reputation for being the lender of last resort? In the pre-1930s, single family homes were financed by banks. ...
Amortizations & the FHA 223 (f)

Amortizations & the FHA 223 (f)

Let’s talk Amortizations and the FHA 223 (f) I am getting a lot of calls by small investors interested in buying 16 to 100 unit properties.  Some have money; some do not.  The properties are ranging from 1930s to 1970s, mostly, with most being 1960s and 1970s...