Lancaster Pollard Mortgage Company – Financing Progress
Lancaster Pollard Mortgage Company LLC provides our clients with numerous financial options, such as access to non-conventional loans with government enhancement programs that can lower the cost of capital and provide non-resource features. Our finance professionals originate, underwrite and service mortgage loans insured or guaranteed by governmental agencies and sponsored enterprises, including the Federal Housing Administration (FHA), the Government National Mortgage Association (GNMA), the United States Department of Agriculture (USDA) and Fannie Mae. Lancaster Pollard Mortgage Company is a Fannie Mae-approved lender and a U.S. Department of Housing and Urban Development (HUD)-approved LEAN and Multifamily Accelerated Process (MAP) lender.
As an experienced lender, we understand the details of these programs and have successfully closed a broad range of complex transactions for our clients. In fact, Lancaster Pollard was the number one FHA Lean Lender in FY 2017 and has been the leading HUD Lean lender from FY 2010 to FY 2017, according to HUD data.
New Construction or Substantial Rehabilitation
Lancaster Pollard has experience financing new construction and substantial rehabilitation or renovation projects with a variety of funding structures. Access to these allows us the flexibility to multi-track government agency financing options, which means we can change financing structures to take advantage of lower interest rates and/or more favorable covenants and terms. Click on the links below for details on these funding options.
Lancaster Pollard has a wealth of experience in acquisition financing. Click on the links below for details on these funding options.
Recapitalization and Refinancing
Refinancing your current debt can help reduce your organization’s operating cost, improve your cash flow or meet other objectives. In addition, refinancing can remove burdensome or restrictive covenants imposed by the terms of the outstanding debt. Lancaster Pollard’s experience encompasses a variety of agency structures. Click on the links below for details on these options.
Our experience working with Lancaster Pollard was excellent. Their communication was clear and collaborative, they brought the banks to the table, and they successfully sold the bonds. This uncommon financing structure worked out well for the hospital.