FHA Rate Update May 9, 2018
Rates are on the move again. The US 10-YR Treasury note topped 3% today while the 2-YR Treasury note hit its highest level since September 8, 2008. If you’ve been pushing off that refinance, the time to act may be now. You can still lock in today a 35-year fixed FHA insured loan in the 3.85%-4.10% […]
Rockhall’s RAD Transaction Featured in Recent HUD RAD Blast
HUD features Rockhall’s Three Links Apartments RAD 223(f)/236 refinance transaction in recent RAD Blast (April 26, 2018)
Rockhall Provides $34.8 Million HUD-Insured Loan for New Construction of 228-Unit Multifamily Property in Texas
Rockhall announced it has provided a $34,792,300 loan to finance the new construction of Harbor Urban Center in Rockwall, TX. The loan was originated by Kathryn Thompson of Rockhall’s Dallas office. Harbor Urban Center will provide 228 class-A apartments with waterfront views situated across from the beautiful Lake Hubbard and Rockwall Harbor. The project with […]
HUD Changes Underwriting Standards for Large Multifamily Loans
On September 4, 2014, HUD issued Mortgagee Letter 2014-18 which applies new loan standards to large new construction and permanent multifamily loans. This mortgagee letter […]