new Small balance loans - fix/rehab type loans Chicago Suburbs Scott 847-903-7578 Chuck 773-259-7074

Small balance loans and focus on "story book" type  loans which need to close fast and loans that banks will not fund on  (i.e. broken condos, fix/rehab type loans, etc).

Or the standards for existing apartments FNMA and FHA RATES

Apartment rates move down on good news the Government is open.FNMA and Freddy open since congress not involved :)

Bad news they went on vacation without re-authorizing FHA lending limit silly guys so no new FHA apartment and home loans resulting in slight downward pressure on home values and owner equity 

Hopefully they will return from vacation refreshed and ready to get America back to bidness

Apartment Loan Rates Link

Apartment Lender Rates FHA 223F FNMA up way up

Apartment Lender Loan Rates FHA 223 F FHA 232 Lean Assisted Living Scott Kendall 847-903-7578

Apartment Loan rates March 20, 2013 FHA 223 F FNMA Small loan FNMA

.			APARTMENT LOAN RATES 847 903 7578				KENDALL REALTY ADVISORS	kendallrealty@gmail.com
.			FHA	Freddie Mac	FNMA DUS	FNMA SMALL LOAN	3/20/2013
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.			FHA 223 (f) refinance / purchhase	35 year term non-recourse Min size $1,500,000	83.30% LTV purchase and NO cash out Refinance 87.5% Affordable Housing	75% LTV Cash out Refinance 87.5% 100% Affordable Large Loans $25,000,000 to $500,000,000+ subject to Central Review and Approval	1.2 to1 DSC - 100% Affordable 1.15 to 1	FHA 223(f) Processing times from 4 to 7 months
.			ALL IN FHA 223 F 35 YR Apartment rate	3.58%	add 20 basis points 232 /223 f health care assisted living	35 year TERM fixed self amoritzed	Typical FHA 223(f) upfront costs $15,000
.			Apartment Loan Programs	www.kendallrealtyadvisors.com
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.			FNMA DUS	TIER II (2) 1.25 to 1 DSC 75% LTV	TIER III (3) 1.35 to 1 DSC 65% LTV	TIER IV (4) 1.55 to 1 DSC 55% LTV	2 months to commitment max in most cases	Typically 30 year amortization balloon lons
.			10 Year 9.5 YM	4.17%	3.98%	3.80%	Standard DUS PROGRAM nationally $1,000,000 to $100,000,000 plus Application Fee for reports $15,000 most deals very large call for quote
.			30 year FNMA 5.35%	Call for 5, 7, 15 and 30 year			MIN LOAN AMOUNT $1,000,000		LOW COSTS
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.			SMALL APART LOAN	TIER II (2) 1.25 to 1 DSC 75% LTV	TIER III (3) 1.35 to 1 DSC 65% LTV	TIER IV (4) 1.55 to 1 DSC 55% LTV	***Nationally - FNMA Specified MSA and all national locations using FNMA rules for rate add on by location and size.***
.			10 Year 9.5 YM	4.36%	4.28%	4.08%	LOW COST LOANS FOR STRONG BORROWER NET WORTH EQUAL TO LOAN SIZE ONE YEAR Debt Service Liquidity LOANS from $750,000 to $5m - $4,500 app fee cost Major Cities NY, Chicago and more only
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.			Treasury bond rates	0.80%	1.30%	1.94%	3.17%	Updated 9:35 am June 11, 2012
.			Treasury Bond Term Years	5	7	10	30
.			Freddie Mac	Deal by Deal pricing high 3% to low 5%	Typically prefer larger loans large MSA's	Deal by Deal - Up, Down, Equal by 10 to 20 basis points FNMA tier level	Time frame longer approval not delagated add one month over FNMA	CALL FOR QUOTE (847) 903-7578 FREDDIE MAC FNMA FHA - SCOTT	Expanding conservative loans for Student Housing Assisted living
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.			FNMA LARGE LOAN NATIONALLY $5 Million to $200,000,000 - FNMA "SMALL LOAN" SPECIFIED LARGE MSA - *
.			WWW.KENDALLREALTYADVISORS.COM
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Apartment loan rates FHA 223 f FHA 232 Rates senior housing