Commercial Mortgage Chicago: August 2010

Commercial Mortgage Chicago

Commercial Mortgage Chicago
FHA 232 LEAN - FHA 242 - Build Amercia Bonds FHA 242/223 F Hospital Refinance

Thursday, August 12, 2010

Apartment Loan Rates FHA 223 F FNMA Small Apartment Loans

FNMA DUS Apartment Loan  10yr / 9.5 -  4.73%  - 7yr / 6.5yr yield main. 4.51% - (8/12/10)
FHA 223 F 4.50% 35years FNMA Small Apartment Loan about 5%.

Non Recourse seven and ten year balloon loans
FHA 223(f) thirty fives year fixed rate loans should have broken 4% plus MIP
$5,000,000 and up

FNMA Small Apartment Loans less than $5 million starting at $750,000 Chicago FNMA Selected Cities

Scott Kendall (847) 903 7578 kendallrealty@gmail.com
Chuck Kendall (773 259-7074 kendallrealtyadv@gmail.com

Tuesday, August 10, 2010

Apartment Loan Rates FNMA DUS - FHA 223 F - FNMA Small Apartment

Apartment Lender Rates FNMA DUS Apartment Loan 4.88% 10yr / 9.5 - 4.70% 7yr / 6.5% FHA 223 F 4.50% 35years FNMA Small Apartment Loan a little above 5%.

Non Recourse seven and ten year balloon loans
FHA 223(f) thirty fives year fixed rate loans
$5,000,000 and up

FNMA Small Apartment Loans less than $5 milling to $750,000 Chicago FNMA Selected Cities
Apartment Loans

Scott Kendall (847) 903 7578 kendallrealty@gmail.com
Chuck Kendall (773 259-7074 kendallrealtyadv@gmail.com

Thursday, August 5, 2010

FHA Multifamily and Healthcare get approval for $5 Billion more in loans

The Committee on Healthcare Financing circulated a bulletin this morning announcing the Senate passed HR 5872, the General and Special Risk Insurance Funds Availability Act of 2010, providing the additional $5 billion of Commitment Authority needed to handle HUD’s estimated multifamily/healthcare caseload through FY End 2010 (September 30, 2010).

Next and final steps:  The Bill will hit the President’s desk and we understand it’s expected to be signed by week’s end.

FNMA Small Apartment Loans rates about 5.50% $750,000 and up 5 or more units Chicago Area Non Recourse upfront costs only $4,500 for appraisal, legal all reports prior to rate lock. This program is HOT right now!!!

Sunday, August 1, 2010

FNMA Small Apartment Loans Chicago Closed Kendall Apartment Loan

Kendall Realty Advisors LLC closes FNMA small apartment loan Evanston, IL
Loan amount $750,000 plus, term 10 years, rate under 5.60% Non-Recourse
Only $4,500 application fee includes appraisal, engineering and legal for deals exceeding $750,000.
Closings within two to three months of loan application sizing.
Rates set two weeks prior to closing

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