FHA/HUD
As an approved FHA MAP lender, GLFG can secure mortgage insurance through a variety of programs administered by the Federal Housing Administration (FHA) under the U.S. Department of Housing and Urban Development (HUD). This insurance allows the lender to provide long-term (in some cases, 40 years) low interest, fixed rate financing for ground up construction, rehabilitation and renovations, or refinancing an existing project.
Together, we can decide if FHA is the most appropriate program for your project.
The FHA Advantage Summary of FHA Programs
Program Details:
221 (d)(4)
202 Refinance Program
220 Program
223 (f)
Section 232 Pursuant to Section 223(f)
Section 232