Loan Program

Min. DSCR

Max. LTV

Typical Spread

Available Loan Terms (Years)

Floor

Max. Amort. (Years)

FHA Multifamily

221(d)(4)

1.11

90%

40

N/A

40

New Construction or Substantial Rehabilitation of Apartment Properties

223(f)

1.17

85%

35

N/A

35

Apartment Properties Refinance or Purchase

FHA Healthcare

232

1.11

90%

40

N/A

40

New Construction or Substantial Rehabilitation of Skilled Nursing
and Assisted Living Facilities

232/223(f)

1.17

85%

35

N/A

35

Refinance or Purchase of Skilled Nursing and Assisted Living Facilities