Multifamily
Acquisition or refinance of stabilized 5+ unit properties (Section 223(f)).
Commercial real estate
FHA Commercial Real Estate
Patient, non-recourse, FHA-insured capital for multifamily, healthcare, and senior-housing operators — 35-year fixed-rate amortization and the highest-quality leverage available to a private operator.
35yr
Fixed term
The longest fixed-rate term in U.S. CRE.
85%
Max LTV
FHA insurance allows leverage banks won't match.
0
Recourse
Non-recourse with standard carve-outs.
$3M+
Deal size
FHA execution makes sense above ~$5M.
Who it’s for
For seasoned, long-term operators
FHA-insured CRE fits stabilized assets and long-term holds — not opportunistic flips or value-add bridges.
Senior housing & SNF
Skilled nursing, assisted living, and memory care (Section 232).
Hospitals
Acute-care and critical-access hospitals (Section 242).
The details
Terms & specifics
Final pricing depends on time in business, credit profile, revenue, and industry. Your specialist confirms every number in writing before you sign.
| Loan amount | $3M – $250M+Below ~$5M the FHA execution cost rarely pays off. |
|---|---|
| Term | 35 years fully amortizingFixed rate. No balloon. |
| LTV | Up to 85% acquisition / 80% refiHigher than most private-bank execution. |
| DSCR | Min. 1.176×Stress-tested at the FHA underwriting rate. |
| Recourse | Non-recourseStandard carve-outs only. |
| Process | 4 – 6 monthsWe manage the FHA workflow so you can keep operating. |
How it works
From application to funded
Five simple steps — with one specialist by your side the whole way.
- 01Complete the short online application
- 02Meet your financing specialist
- 03Review your tailored offer
- 04Finalize your agreement
- 05Funds deposited directly to bank
Other programs
Not quite the right fit?
These two are often the better match.
Funding desk
Ready to get funded?
Apply in minutes, or call to talk it through with a specialist who knows your business by name.