HUD Multifamily Loan Amortization

What is Amortization?

What is Amortization?

Amortization is the process of paying off debt over a period of time on a fixed schedule in regular installments. For amortized loans, a large portion of the early monthly payments go toward interest. HUD multifamily loans, including the HUD 221(d)(4) loan and the HUD 223(f) loan, are fully amortizing.