MAP Programs for Housing
With more than 30 years of hands-on experience, SMF understands every aspect of FHA-insured MAP loan program and underwriting requirements. Whether you are looking to recapitalize, construct, rehabilitate, refinance, purchase, expand, or renovate, we can help you find the FHA-insured program to make it happen.
Recapitalization
FHA Section 202/223(f) Loans to recapitalize Section 202 Elderly Housing projects
Construction or substantial rehabilitation
FHA Section 221(d)(4) Loans to construct or substantially rehabilitate “Assisted”, “Affordable” and “Market Rate” multifamily rental housing.
Refinancing
FHA Section 223(a)(7) Loans to refinance multifamily rental housing currently subject to existing FHA-insured loans
Purchasing or refinancing
FHA Section 223(f) Loans to purchase or refinance “Assisted”, “Affordable” and “Market Rate” multifamily rental housing.
Expansion or renovation
FHA Section 241 Supplemental Loans to expand or renovate existing multifamily rental projects already financed with FHA-insured loans.