FHA 223(f) Apartment Refinance Lender

FHA 223(f) Apartment Refinance Lender
312 Florence Ave. Evanston, IL 60202
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    Monday, July 12, 2010

    Small Loans FHA 223 F Rate Update

    The FNMA Small loan program for Chicago is working well. Rates are in the high 5% and loans are closing in about 60 days from start to finis. The loan application cost is only $4,500 for all reports.

    FHA 223 F rates have dropped below 5% all in for 35 year fixed rate loan these transactions take at least 4 months to process and the application fees run closer to $20,000 for most transactions plus FHA's application fee.

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