Big Changes In Apartment Lending Criteria

On today's show we are talking about the recently announced changes to the HUD lending programs for apartments in the United States. The HUD programs are direct competitors to the agency loans that you might get from Fannie Mae or Freddie Mac.

The possible loan proceeds have been increased by relaxing the debt coverage requirements and increasing the loan to value and loan to cost limits. This is a significant improvement and can make the difference for a lot of investors.

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