FHA 223(f) Apartment Refinance Lender

FHA 223(f) Apartment Refinance Lender
312 Florence Ave. Evanston, IL 60202
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    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


    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.



    Wednesday, November 20, 2013

    new Small balance loans - fix/rehab type loans Chicago Suburbs Scott 847-903-7578 Chuck 773-259-7074

    Small balance loans and focus on "story book" type  loans which need to close fast and loans that banks will not fund on  (i.e. broken condos, fix/rehab type loans, etc).

    Or the standards for existing apartments FNMA and FHA RATES

    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

    Wednesday, February 27, 2013

    Commercial Mortgage - Apartment - Healthcare

    Commercial Mortgage