What are the Interest Rates for HUD 223(f) Loans?

HUD 223(f) Loan Interest Rates: What You Need to Know

If you're considering taking out a HUD multifamily loan, like the HUD 223(f) loan, it's essential that you know the interest rate. Fortunately, low interest rates are one of the major benefits of HUD 223(f) loans. As of Nov. 2017, they averaged around 4.10% to 4.75% (including MIP) for 35-year, fixed-rate, fully amortizing loans.

Do Interest Rates Stay the Same if Another Borrower Assumes a HUD 223(f) Loan? 

If a new borrower assumes a HUD 223(f) loan, the interest rate will stay the same for the rest of the loan term. This is a fantastic benefit for both the old borrower and the new one. The new borrower gets to enjoy the original interest rate (especially if rates have risen), while, for the old borrower, it's that much easier to find someone willing to assume the loan. 


TO LEARN MORE ABOUT FHA 223F LOANS, FILL OUT THE FORM BELOW AND A HUD LENDING EXPERT WILL GET IN TOUCH.