Refinance
Whether you’re looking to access funds for moderate repairs, enhance cash flow through reduced debt service, change ownership or consolidate properties, Lancaster Pollard has the demonstrated ability to quickly and effectively make your goal a reality. As the number two HUD/FHA MAP Underwriter in FY 2007*, Lancaster Pollard is an established leader in the industry. We also have experience working with a large number of HUD offices across the country. All of these factors enable us to quickly and efficiently close your loan. In addition, we understand the unique challenges of refinancing subsidized housing and are specialized in guiding our clients through the process.
For properties originally financed under the FHA Section 202 Direct Loan program it is the opportune time to refinance, and Lancaster Pollard has more FHA Section 202 refinance experience than any other lender*. Refinancing these properties can provide capital for facility improvements and funds for the future. Combined with the refinance, Low Income Housing Tax Credits (LIHTC) can help fund even larger improvement projects.
*According to HUD Data
Click below to learn more about the financing options available for your refinancing project:
| Type of Borrower: | Term Sheet: |
| For-Profit and Nonprofit Borrowers | FHA Sec. 223(F) |
| For-Profit & Nonprofit Borrowers with an Existing FHA Mortgage | FHA Sec. 223(a)(7) |
| For-Profit & Nonprofit Borrowers | Tax-Exempt Bonds |
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