Multifamily Investors Financing Update
12. Aug, 2010 
1 Comment
In July, FHA adopted new guidelines that lower the maximum loan to value (LTV) for multifamily market rate loans to 83.3%. Previously this was 85% for acquisition and refinancing on the 223 (f) program and 90% for new construction on the 221 (d)(4) program. Debt Service Coverage Ratios have been increased to 1.2 for market [...]
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