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Love Funding is an experienced HUD lender serving clients across the country. We offer refinance, construction, rehabilitation & acquisition financing programs for multifamily & affordable housing, healthcare facilities & hospitals.

Love Funding Highlights

Reduced MIP Fees for Qualified Properties

For commitments issued or reissued beginning April 1, 2016, many transactions will now qualify for lower MIP rates. Additionally, HUD Deputy Director Dan Sullivan advised that if a loan is in processing (i.e. the loan did not and will not close before April 1), lenders may submit amended Firm Commitment applications reflecting the new MIP if the lender anticipates closing the loan on or after April 1 and the property and financing terms meet relevant requirements. Learn more

New Guide for Multifamily Accelerated Processing (MAP)

HUD released the new MAP (Multifamily Accelerated Processing) Guide, which will take effect on May 28, 2016. The new guidelines include less stringent coverage requirements and higher underwritten LTVs, as well as the ability to include more repairs in some mortgages. Learn more