85% LTC Construction Financing = Less Risk For Your Project

Developing or rehabbing a multifamily property is expensive, risky and time intensive. Yet, many developers are willing to take the risk to follow their vision for their project. HUD’s 221(d)4 program, can reduce many project risks. Most banks offer construction loans but require significant equity and risk provisions which put the developer at risk if something happens to the project. HUD’s low equity requirement allows developers to leverage their project and non-recourse provisions minimize risk in a worse case scenario.

Every project is unique, so the earlier you can view a HUD 221(d)4 analysis showing your equity requirement the quicker you can determine what risk profile is best for your needs.

 

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