SECTION 232 REDUX
HUD’s Section 232 mortgage insurance program is an excellent, tried-and-true option for refinancing existing skilled nursing, assisted living and memory care properties. Section 232 for
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 2024 YEAR IN REVIEW
It was a very good year for business development as we added the following new projects to our deal pipeline: Our consulting successes led to
LOWER DSC AND HIGHER LTC AND LTV = MORE $$$
Happy New Year! We’re off to a great start in 2025. HUD just made it official with two recent announcements: we now have lower debt service coverage (DSC)
HOW TO INCREASE CASH FLOW WITH MUTM
For owners and managers of affordable housing projects with Section 8 rental assistance, to paraphrase Dickens, it is the best of times and it is the worst of times.