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, January 16, 2014
Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...
Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...: 847 903- 7578 Scott Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartmen...
Monday, December 30, 2013
Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013
Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013 - CoStar Group
Through the third quarter of this year, investment sales were up 27%, according to CoStar COMPs data. Industrial investments were up 56% and office up 27%; however, multifamily investments tapered off this year and were actually down about 6%.

Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time
Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year
Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.
Through the third quarter of this year, investment sales were up 27%, according to CoStar COMPs data. Industrial investments were up 56% and office up 27%; however, multifamily investments tapered off this year and were actually down about 6%.
Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time
Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year
Lending remains behind pre-recession levels
Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.
During
that time frame, loans at banks with assets of less than $1 billion
grew by $28.4 billion, or .7 percent annually, while loan balances for
banks with more than $1 billion in assets decreased by $182.8 billion,
or .4 percent.
At the same time, total assets for all banks grew by nearly $1.3 trillion, or 1.9 percent.
Much of that asset growth came from securities, or investments, that could pose a problem for banks in the future.
More
and more of those purchased securities are long-term [five years or
longer], and they could be problematic as interest rates rise in the
future.
Thursday, October 17, 2013
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
Tuesday, September 10, 2013
Friday, April 12, 2013
Wednesday, March 20, 2013
Apartment Loan rates March 20, 2013 FHA 223 F FNMA Small loan FNMA
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| APARTMENT LOAN RATES 847 903 7578 | KENDALL REALTY ADVISORS | kendallrealty@gmail.com | ||||||||
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| 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 | |||||
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| 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 | ||||||
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| 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 | |||||
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| 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 | ||||||
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| 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.*** | ||||||
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| 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 | |||||
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| Treasury Bond Term Years | 5 | 7 | 10 | 30 | ||||||
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| 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 - * | ||||||||||
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Friday, January 11, 2013
Friday, January 4, 2013
Self Employed Health Insurance Solutions: Individual, Real Estate Owners and Group Small Bus...
Self Employed Health Insurance Solutions: Individual, Real Estate Owners and Group Small Bus...: Health Insurance For Individuals The new Health Care Reform laws launched on March 23, 2010. If you purchased your medical health care ins...
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news
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
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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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