Archive for July, 2010
Posted on 06. Jul, 2010 by KWA.
Loans from the FHA Sec. 221(d)(4) program are very attractive when compared to loans that are being offered from the private sector. With lower rates, better terms, and 40-year amortization, the FHA Sec. 221(d)(4) loans sound like a great deal, if you can avoid being denied. Multifamily Executive lists five tips from FHA lenders on [...]
An FHA slowdown has been in affect lately as HUD re-evaluates market studies in determining need for multi-family construction projects. The FHA 221(d)(4) applications have a failure rate of around 43% and HUD has been changing the underwriting standards for the 221(d)(4) loans making it harder for developers to be approved for funds. Along with [...]
Good housekeeping is one of the surest ways to identify a safe workplace. You can tell how a contractor feels about safety just by taking a look around their job site. A good contractor should be cleaning their site on a regular basis, storing materials and tools in an organized fashion, keeping workplaces free from [...]