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FHA Loans
As a correspondent of a MAP Lender, 125 year old Love Funding, we are pleased to offer for market-rate and affordable apartments, and senior housing and healthcare facilities, medical facilities.
Our service does more than place loans. Included are consulting, deal structuring, exhibit preparation and market planning to make projects work.
Costs, pricing and basics of the programs:
Current rates and terms
| Type |
|
LTV |
Term |
| Apts. Refinance/Acquisition |
|
85% |
35 years |
| Apts. New construction |
|
90% |
40 years |
Recent MAP lender projects
| Project Name |
Location |
L/A (mil.) |
Financing |
| • Crystal Falls Apts |
Houston, TX |
$5.525 |
223(f) |
| • Palestine Gardens |
Kansas City, MO |
$1.884 |
202/223(f) |
| • Sterling Lake |
Sterling Hgts., MI |
$ 7.327 |
207/223(f) |
| • Vill. at Secret Lake |
Kissimmee, FL |
$47.213 |
221(d)(4) |
| • Apts. at Iron Ridge |
Elkton, MD |
$9.626 |
Fannie Mae |
| • Lake Broadway T.H. |
Columbia, MO |
$4.266 |
223(f) |
| • Apollo Village |
Colo. Springs, CO |
$9.402 |
223(f) |
| • Whispering Pines Apts. |
Lake Charles, LA |
$4.532 |
223(a)(7) |
| • Muskingum Arc Apts. |
Zanesville, OH |
$0.701 |
207/223(f) |
| • Maple Manor Apts. |
Independence, MO |
$1.107 |
223(f) |
| • Rock Creek Terrace |
Rockville, MD |
$35.116 |
223(f) |
| • Arbor Pointe |
Colo. Springs, CO |
$3.975 |
223(f) |
| • Forrest Acres |
Columbia, TN |
$1.309 |
207/223(f) |
| • Colonial Village |
Columbia, TN |
$1.097 |
207/223(f) |
| • Potomac Place |
Woodbridge, VA |
$5.201 |
223(a)(7) |
| • Knollcrest Manor |
Sparta, TN |
$0.998 |
207/223(f) |
| • Charleston Square Apts. |
Johnson City, TN |
$2.295 |
207/223(f) |
| • La Sierra Apts. |
New Braunfels, TX |
$11.197 |
221(d)(4) |
| • Vista Del Mar Apts. |
Fajardo, PR |
$1.278 |
223(a)(7) |
| • Ridgedale Apts. |
Avon Park, FL |
$1.043 |
223(a)(7) |
| • Highland Crest Apts. |
Toledo, OH |
$0.358 |
223(a)(7) |
| • Westridge Apts. |
Jacksonville, FL |
$27.091 |
221(d)(4) |
| • Villa Esperanza Apts. |
Wyoming, MI |
$1.404 |
202/223(f) |
| • Capital Gardens Apts. |
Lansing, MI |
$0.927 |
202/223(f) |
| • Elmdale Apts. |
Grand Rapids, MI |
$0.705 |
202/223(f) |
| • Forest Hall Apts. |
Carbondale, IL |
$1.093 |
Conduit |
| • Orchard Park Apts. |
St. Louis, MO |
$0.770 |
Fannie Mae |
| • Villa St. Cyr Apts. |
St. Louis, MO |
$1.015 |
Fannie Mae |
| • Plaza Apts. |
Statesville, NC |
$1.670 |
223(a)(7)/221(d)(4) |
| • Casa Edad De Oro Apts. |
Hartford, CT |
$2.442 |
202/223(f) |
| • Alco Apts |
Scottsville, KY |
$0.472 |
223(a)(7) |
| • Gran Signora Manor |
Ashtabula, OH |
$1.627 |
202/223(f) |
| • Spring Valley Apts. |
Caspian, MI |
$1.175 |
202/223(f) |
| • No. Wash. Park Manor |
Chicago, IL |
$3.168 |
202/223(f) |
| • Veterans Villa Apts. |
Saybrook, OH |
$1.139 |
202/223(f) |
| • Gateway Accessible Housing |
Spanish Lake, MO |
$2.344 |
202/223(f) |
| • The Concord Portfolios |
No. & So. Carolina |
$72.00 |
Conventional |
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