New Construction permanent loan take-outs. FHA 223(f) New Construction Waivers for properties with certificate of occupancy. Fannie Mae and Freddie Mac cash out loans currently available
Thursday, November 29, 2012
Tuesday, October 30, 2012
Thursday, October 25, 2012
Wednesday, August 29, 2012
Tuesday, July 31, 2012
Monday, June 11, 2012
#Apartment #Lender #ApartmentLoan #ApartmentLender #Apartment #Loan #FHA223F #FNMA #FHA d4 more
Apartment Loan Pricing -
Apartment Loan Pricing -
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Wednesday, June 6, 2012
Wednesday, May 30, 2012
Record low #Apartment #Loan #apartmentLender #Apartment Loan
RECORD LOW APARTMENT LOAN RATES
rates
As rumors of LEFTIST gaining popularity in Greece over REVOLT OVER AUSTERITY
everyone buys US currency and stashes it in their pillow. THE normal suspects go down as dollar gains in value oil, interest rates and stocks go down on fright to safety moves
Stocks fell sharply Wednesday as worries about Europe's debt, specifically the Spanish banking system,again shook confidence.
Investors flooded into U.S. Treasuries, raising prices and pushing the yield on the benchmark 10-year note down to a record low of 1.656%.
The Dow Jones industrial average (INDU) was down 150 points, or 1.2%, in early trading. The S&P 500 (SPX) sank 17 points, or 1.2%, and the Nasdaq (COMP) declined 38 points, or 1.3%.
The European Central Bank issued a statement Wednesday saying it had not been consulted on the bailout for Bankia, the No. 4 bank in Spain, and that such a recapitalization could not be provided by the Eurosystem.
In addition, independent ratings agency Egan-Jones downgraded Spain's sovereign debt late Tuesday. The move raised more questions about the country's ability to fund bank bailouts that could reach as much as €100 billion.
Yields on 10-year Spanish debt soared to 6.62% Wednesday.
In addition, the European Commission's economic sentiment index fell for the second month in a row, hitting the lowest level since October 2009.
World markets were sharply lower on European concerns. Britain's FTSE 100 (UKX) dropped 1.6% in afternoon trading, the DAX (DAX) in Germany lost 1.3% and France's CAC 40 (CAC40) plunged 1.7%.
CNNMoney's Fear & Greed Index, which measures investor sentiment, remains firmly in "extreme fear" territory.
U.S. stocks ended higher Tuesday, as investors welcomed a lack of negative headlines out of Europe and hopes that China would announce a new massive stimulus program
Thursday, May 24, 2012
commercial property, prices recovered to mid-2003 Levels CoStar 2012 News APARTMENT LOAN RATES LINK
APARTMENT LOAN RATES LINK
Despite a generally flat March for pricing of commercial property, prices recovered to mid-2003 levels in the first quarter as improving fundamentals and liquidity causing a broadening of the recovery into non-core commercial real estate and secondary markets, according to this month's CoStar Commercial Repeat Sale Indices (CCRSI) report.
At this rate it will be 2006 in ten short years. Oprah sells her Chicago condo for about 1/2 of what she paid. say $3,000,000 on $6,000,000 cost plus extra shoe closets.
Wednesday, May 23, 2012
Saturday, May 19, 2012
Tuesday, May 15, 2012
Apartment Loan rates and This Is Clearly Going To Cost JPMorgan Much More Than $2 Billion
APARTMENT LOAN RATES
Whale Ahoy
JPMorgan announced a $2 billion loss Friday. When compared to its market cap and other indicators, that goes Ouch!, but not much more. However, there’s more going on. The bank has refused to state where in its operations the loss was incurred. For good reason perhaps: the positions that caused the loss are still rumored to be open.
The main problem JPMorgan may be facing, and the 8% loss in pre-market trading may be a sign players are on to this, is that we probably already know where the loss is. A few weeks ago, the financial sphere was full of stories about the London Whale, a JPM trader in London named Bruno Michel Iksil, who had taken such massive - synthetic - derivative (gambling) positions in a 125 company index that they were moving the market itself.
Back then, some hedge funds took counter positions just for the sheer fact that he had bet so much; they figured he couldn't last forever on all trades. The underlying notion was he was long a bunch of companies; well, not a lot has gone well in the markets lately. And if you have overweight derivative positions in one direction (in this case credit default swaps) , you can make a killing or you can get punished fast and furious. He did the latter.
Read more: http://theautomaticearth.org/Finance/jpmorgan-a-tale-of-whales-and-sharks.html#ixzz1uwnfvREt
Monday, May 7, 2012
Thursday, May 3, 2012
FHA FNMA APARTMENT LOAN RATES WHEN VOTING REMEMBER #GOP #MITT #ROMNEY WANT to CLose FHA FNMA MULTIFAMILY
FHA FNMA APARTMENT LOAN RATES
ALL IN FHA 223 F 35 YR Apartment rate 4.21%
10 Year 9.5 YM 10 years 4.14% 7 years 3.94% 5 years 3.68%
ALL IN FHA 223 F 35 YR Apartment rate 4.21%
10 Year 9.5 YM 10 years 4.14% 7 years 3.94% 5 years 3.68%
Thursday, April 19, 2012
Tuesday, April 17, 2012
I'd rather climb up into bed with a rattlesnake than have #MITT #ROMNEY as PRESIDENT #FHA killer #HUD RURAL HOSPITAL NURSING HOME APARTMENT FINANCE AFFORDABLE RENTAL LARGEST SINGLE FAMiLY LENDER
I'd rather climb up into bed with a rattlesnake than have #MITT #ROMNEY as PRESIDENT #FHA killer #HUD RURAL HOSPITAL NURSING HOME APARTMENT FINANCE AFFORDABLE RENTAL LARGEST SINGLE FAMiLY LENDER
Monday, April 16, 2012
Apartment Loans Nationally $2,000,000 and up Small Apartment loans Chicago FNMA FHA and Community Banks
Apartment Loans Nationally $2,000,000 and up
Small Apartment loans Chicago
FNMA FHA and Community Banks
RATES
Monday, April 9, 2012
Monday, April 2, 2012
Tuesday, March 27, 2012
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Scott and Charles would like to become your multifamily lender contact. We utilizes HUD financing for apartment buildings, nursing homes and assisted living facilities. This could mean providing capital for acquisition, refinance and substantial rehabilitation of existing structures, or it could also involve construction financing for new to-be-built structures. For multifamily projects, there is no alternative financing that can compare to the benefits provided by HUD programs. These programs are non-recourse and do not require personal guarantees from shareholders of the owner corporations. For acquisitions or refinances, owners can borrow up to 85% LTV with DSC of 1.11, and for substantial rehabilitation or new construction, they can borrow up to 90% LTV with DSC of 1.17. The owners of buildings currently insured by HUD can borrow up to the original loan amount of the existing mortgage when completing a streamline refinance.
Amidst the current credit crisis in the financial markets, many conventional lenders face the fear of not being able to fund loans at the closing table. This is because investors in the secondary market have shied away from conventional mortgage backed securities, and hence, there is less liquidity left. With HUD mortgages there is more liquidity in the secondary market due to the insurance of the government. Therefore, borrowers have the security of knowing that their loans will close when using a HUD mortgage.
Scott and Charles Kendall combned have over fifty years of HUD underwriting and origination experience. We take pride in being a highly efficient, competitive and well qualified organization. Scott and Charles Kendall will continue to provide real solutions quickly and deliver our products with integrity.
Amidst the current credit crisis in the financial markets, many conventional lenders face the fear of not being able to fund loans at the closing table. This is because investors in the secondary market have shied away from conventional mortgage backed securities, and hence, there is less liquidity left. With HUD mortgages there is more liquidity in the secondary market due to the insurance of the government. Therefore, borrowers have the security of knowing that their loans will close when using a HUD mortgage.
Scott and Charles Kendall combned have over fifty years of HUD underwriting and origination experience. We take pride in being a highly efficient, competitive and well qualified organization. Scott and Charles Kendall will continue to provide real solutions quickly and deliver our products with integrity.
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