From the Recently Closed File:

Amherst Nursing Home, Amherst, MA
  • $6,784,100
  • Section 223(a)(7)
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Lean Processing Update: New Construction/Substantial Rehabilitation and Second Tier Programs Coming

FHA’s plans to fully implement Lean processing to all Section 232 Insured Loan activities continues to move forward: on January 1, 2009, applications for new construction and/or substantial rehabilitation transactions can be filed under Lean at the Lender’s option; by March 1, 2009 all such applications will have to be filed under Lean.

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The SMF Advantage

For 25 years, developers and operators of healthcare, senior housing and multifamily facilities have selected Sims Mortgage Funding, Inc. for their FHA-insured financing needs. The reasons they choose us are clear:

  • We Specialize In FHA Insured Financing
  • Senior Executives Are Available to Service Your Account
  • We Provide Superior Service
  • We Structure Tax-Exempt Bond Financings
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