Tap to get financing
HUD 221(d)(4) Loans
Information
Loan Facts Terms, Qualifications & GuidelinesInterest RateTerm SheetHUD Multifamily LoansStatutory LimitProcessRefinanceHUD Multifamily Construction Loans
Application
Application ProcessChecklist
Resources
HUD 221(d)(4) FAQsGlossaryMultifamily Insurance
Developers
General Contractor RequirementsDeveloper Requirements & Fees3rd Party Reports & GuidelinesAppraisal ProcessMarket StudyArchitectural and Engineering ReportsDavis Bacon WagesEnvironmental Assessments
Forms
Typical Loan TimetableDetailed Operating Statement & Underwriting AnalysisEstimate of Replacement & Construction Costs
For Brokers
About
About HUD 221(d)(4) LoanContact usLeadership
(561) 556-4747
Get financing →

HUD 221(d)(4) Frequently Asked Questions

Content tagged with: HUD Multifamily Loans

Clear filter
Jun 14, 2019

CNA: Capital Needs Assessment in Relation to HUD 221(d)(4) Loans

A Capital Needs Assessment (CNA), sometimes referred to as a Physical Needs Assessment (PNA) is a type of report that can help owners and developers understand how much it will cost to maintain their project over time. That way, owner/developers, lenders, and property management can work together to develop a smart budget, and can also create estimates of the life of various systems in the building (i.e. plumbing, electrical, insulation, etc.)

May 4, 2018

What is the U.S. Department of Housing and Urban Development's (HUD) Role in Multifamily Loans?

The U.S. Department of Housing and Urban Development, otherwise known as HUD, is a U.S. government agency intended to make it easier for Americans to find housing at an affordable rate. Founded in 1965, the agency incorporated the Federal Housing Administration (founded in 1934) as one of it's sub-agencies.

May 4, 2018

Do HUD/FHA 221(d)(4) loans qualify for Ginnie Mae securities?

The Government National Mortgage Association, otherwise known as Ginnie Mae, issues mortgage-backed securities, which are "backed by the full credit and faith of the U.S. government." These are based on FHA loans, which include HUD/FHA 221(d)(4) loans, as well as loans issued by the Department of Veterans Affairs (VA).

May 4, 2018

Can you get a rate commitment on a FHA/HUD 221(d)(4) Loan?

If you're a builder or developer interested in taking out a FHA/HUD 221(d)(4) loan to construct or rehabilitate a multifamily development, understanding what interest rate you might be paying is essential to your financial decision making process. After the preliminary underwriting on your loan is complete, a 30 to 180 day rate lock is available. However, it's subject to a 1% rate lock deposit payable which is refunded at closing.

May 3, 2018

Who is eligible to reside in HUD/FHA 221(d)(4) properties?

If you're considering building or renovating a multifamily residential property with a HUD/FHA 221(d)(4) loan, you might be wondering if it restricts or limits the kinds of residents that can live in the development. And, in pretty much every case, the answer is no.

May 3, 2018

Who can build HUD 221(d)(4) properties?

If you're interested in building multifamily housing, a HUD 221(d)(4) loan can be a great way to finance your project. But who is eligible to build a project with a HUD 221(d)(4) loan? Well, as long the borrower/developer has requisite experience and financial credentials, and HUD approves the project, almost any reputable organization or individual is edible for an FHA 221(d)(4) loan for multifamily construction.

May 3, 2018

Are HUD Multifamily Construction Loans Assumable?

If you take out an HUD loan to build a multifamily property and want to sell it, can the new owner simply take on your existing mortgage? The answer is yes-- as long as they get approval from the FHA.

Getting commercial property financing should be easy.⁠ Now it is.

Click below for a free, no obligation quote and to learn more about your loan options.

Get financing →

Janover: Your Partner in Growth

At Janover, we offer a wide range of services tailored to your unique needs. From commercial property loans and LP management to business loans and services for lenders, we're here to help you succeed.

Learn more about Janover →
Commercial Property Loans

Get the best CRE financing on the market.

Explore Financing Options →
LP Management

Syndicate deals on autopilot with Janover Connect.

Discover LP Management →
Business Loans

Match with the right kind of loan, in record time.

Find Business Loans →
For Lenders

Supercharge your loan pipeline. Unlock more deals.

Boost Your Loan Pipeline →
HUD 221(d)(4) Loans

HUD 221(d)(4) Loans is a Janover company. Please visit some of our family of sites at: Multifamily Loans, Commercial Real Estate Loans, SBA7a Loans, HUD Loans, Janover Insurance, Janover Pro, Janover Connect, and Janover Engage.

Janover Tech Inc.

6401 Congress Ave
Ste 250
Boca Raton FL 33487
(561) 556-4747 
[email protected]

Site Information

Privacy Policy
Terms of Use


For Commercial Mortgage Brokers

This website is owned by a company that offers business advice, information and other services related to multifamily, commercial real estate, and business financing. We have no affiliation with any government agency and are not a lender. We are a technology company that uses software and experience to bring lenders and borrowers together. By using this website, you agree to our use of cookies, our Terms of Use and our Privacy Policy. We use cookies to provide you with a great experience and to help our website run effectively.

Freddie Mac® and Optigo® are registered trademarks of Freddie Mac. Fannie Mae® is a registered trademark of Fannie Mae. We are not affiliated with the Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA), Freddie Mac or Fannie Mae.

This website utilizes artificial intelligence technologies to auto-generate responses, which have limitations in accuracy and appropriateness. Users should not rely upon AI-generated content for definitive advice and instead should confirm facts or consult professionals regarding any personal, legal, financial or other matters. The website owner is not responsible for damages allegedly arising from use of this website's AI.

Copyright © 2025 Janover Tech Inc. All rights reserved.

+

Fill out the form below and get the pricing and terms banks can't compete with.