Navigating The New HUD LEAN Program - Order
Recorded May 14, 2009
Seniors housing and care providers seeking to refinance maturing debt, or secure new debt for acquisitions, expansion and renovations, currently face a challenging market. But one lender, the HUD 532 loan program, continues to offer some of the best financing terms in our industry, including a 35-year term. Although it has been criticized in the past for taking too long to evaluate applications and being too rigid in some underwriting requirements, HUD recently updated its loan program. The HUD LEAN program has been implemented to make the process simpler and faster for not-for-profit and for-profit providers alike.
This educational offering has been approved for 2 clock hours by the of Boards of Examiners of Administrators (NAB).
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With much fanfare, HUD announced its new LEAN program last year, but the number of financings closed under the LEAN program has been less than expected. HUD is committed to the product and to the seniors housing and care industry. If you need financing (and who doesn’t in this market?), this is a webcast for you. By the end of this fast-paced, insightful webcast from The SeniorCare Investor, you will:
|●||Find out what works and what doesn’t when using HUD|
|●||Discover how to avoid any stumbling blocks in accessing the HUD LEAN program|
|●||Who is the best candidate for a HUD LEAN loan?|
|●||Learn some of the changes in legal requirements|
|●||Find out what the costs and interest rates are for a HUD LEAN financing|
|●||Discover why it has taken longer than expected to roll out, and what HUD is doing about it|
|●||What you can expect in the months ahead|