LOWER INSURANCE PREMIUMS INCREASE BORROWING CAPACITY
Effective today, HUD has reduced mortgage insurance premiums (MIPs) across the board for their multifamily mortgage insurance programs to .25%. MIPs for market-rate Section 223(f)
We make it happen
When you partner with Sims Mortgage Funding, you get proven HUD expertise, combined with technical proficiency and personalized service. We deliver client-centric financing solutions that meet your specific needs in a timely manner.
Our focus markets
MULTI-FAMILY HOUSING
Whether your project qualifies for Multifamily Accelerated Processing (MAP) or requires a non-HUD financing solution, Sims Mortgage Funding can help you to quickly access affordable capital at very attractive terms.
HEALTHCARE
Need capital for a skilled nursing, assisted living, or memory care facility? Sims Mortgage Funding will help you find the financing that makes sense for your project including bridge-to-HUD options.
HOSPITALS
We can find financing for your hospital facility no matter if it’s a large teaching institution to a small rural critical access hospital. Whether you are renovating, expanding, modernizing, refinancing or acquiring, we have the right program for you.
RECENT FINANCING SOLUTIONS
LILIHA HEALTHCARE CENTER
Honolulu, HI
NAAMANS CREEK COUNTRY MANOR
Garnet Valley, PA
PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER
Riverside, CA
ELAN AT TERRA BELLA
Covington, LA
THE MONROE
Lafayette, LA
MARIEN-HEIM OF SUNSET PARK
Brooklyn, NY
SIMS MORTGAGE FUNDING NEWS
SIMS MORTGAGE FUNDING CLEARS TRAFFIC ON THE BRIDGE-TO-HUD
Sims Mortgage Funding recently completed a Bridge-to-HUD transaction when it successfully refinanced Grace Manor at North Park at the end of August.
MAKING HUD GREAT AGAIN
Last week, HUD announced that it is lowering multifamily mortgage insurance premiums (MIPs) to .25% across all programs. HUD has published a notice in the
MEET THE NEW POLICY…..SAME AS THE OLD POLICY
You may recently have heard that HUD has a new policy regarding the inclusion of repairs in Section 232/223(f) insured loans. This is a new,