Commercial
Agency Multifamily
HUD 223(f) (Multifamily Refi/Acquisition)
FHA-insured 35-year fully-amortizing loan for existing multifamily.
Available through Elite Fundings, a DBA of Vismar Corporation, NMLS #2046870.
We don't originate this product. If you're financing a house or 2–4 unit, call the office.
Ideal borrower
Long-term multifamily holders.
Program highlights
- 35-year fully-amortizing
- Non-recourse
- Up to 85% LTV
Typical uses
- Long-hold multifamily refi
Frequently asked questions
- What is HUD 223(f) used for?
- Acquisition or refinance of existing multifamily with long amortization and non-recourse potential — powerful for stabilized apartment assets that meet HUD standards.
- Why do HUD loans take longer?
- Third-party reports, MAP lender processes, and HUD review add time versus bridge or conventional bank debt. The trade-off is term, leverage, and rate structure on the right asset.
Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.