Refinancing FHA Section 202 Seniors Housing Direct Loans
For properties originally financed under the FHA Section 202 Direct Loan program it is the opportune time to refinance, and Lancaster Pollard has refinanced more FHA Section 202 loans than any other lender.* Refinancing these properties can provide capital for facility improvements and funds for the future. Combined with the refinance, Low Income Housing Tax Credits (LIHTC) can help fund even larger improvement projects.
*According to HUD Data
Click here for the 202 fact sheet
Click here for the FHA Sec. 223(f) term sheet
Click here for a Webinar regarding refinancing and re-financing a Sec. 202 property.
To discuss your project’s needs with your housing banker, click here.