What is an FHA loan good for?
Federal Housing Adminstration (FHA) loans are good for long-term investments, especially on larger buildings. Loans up to 35 years fixed rate with the opportunity to readjust the rate if it gets lower down the line.
There are no covenants. The loans can be me profit and non-profit organizations. The loans are non-recourse loans for construction and major rehabilitation.
Close In As Little As 21 Days! LTV up to 90%. Evening & Weekend Appointments Available. Rates As Low As 2.75%
Don’t let opportunity pass you by. Make your next move with a mixed-used properties mortgage from Edward Voccola & Co., LLC