Fixed-Rate Fully Amortizing. Fannie Mae and most apartment lenders offer 5, 7, and 10-year balloon loans. FHA allows you to lock in today’s low interest rates for a fully-amortizing fixed rate term of 35 years.
Low Interest Rates. Rates are as low 3.3% depending on the size of the loan.
No Personal Guarantees. Unlike most banks, FHA does not require you to personally guarantee the loan.
Loan to Value up to 87% for Rate and Term Refinances and 80% for Cash Out. This is more leverage than Banks, Fannie Mae and Freddie Mac. Use cash out funds to fund repairs or purchase new properties.
Fully Assumable. Imagine what a 35 Year, 3.3% FHA Loan would do for your buyer’s return on investment analysis.
Rockhall Funding is a nationally authorized, direct FHA Multifamily Lender. Chances are your multifamily properties are eligible for FHA financing. With long-term fixed rate FHA financing, you can lock in the lowest interest rates in the market.