FHA 242-223(f)Hosptal Refinance

Hospital financing using FHA to just got better. FHA 242-223(f) was announced on July 2. 2009 and for strong hospitals with market need and positive operating margins FHA can waive the requirement for a new market study and new audit.

This will allow hospitals with good records and strong proven market demand to streamline the financing process. FHA has insured billions in dollars of hospital debt using the FHA 242 new construction program. The FHA 242/223(f) programs allows hospitals with tax-exempt and taxable debt to refinance. For more information go to: http://www.kendallrealtyadvisors.com/FHA242-223f-HOSPITALREFINANCE.html

Healthcare Loan Rates

FHA rates have moved into the six percent plus range due to the rise in 10 and 30 year treasury rates.

New Construction is in the low 7% range

FHA is announcing the new FHA 242/223(f) program soon.