Tap to get financing
HUD 223(f) Loans
Loan information
Loan FactsTerms, Qualifications, and GuidelinesHUD Multifamily LoansRatesCompliance RequirementsLIHTC Pilot ProgramAcquisition LoansRefinance LoansCosts and Fees
Resources
Insure Your PropertyHUD 223(f) FAQsGlossary
Application
ChecklistAttorney Closing ChecklistClosing ChecklistFirm Application Checklist
Developers
Third-Party ReportsAppraisal RequirementsEnvironmental AssessmentsMarket StudiesProject Capital Needs AssessmentsSeismic Reports
For Brokers
About
About UsContact UsLeadershipTeamWe're Hiring
(561) 556-6669
Get financing →
Newly Published
Nov 21 at HUD 223(f) Loans
What is Underwriting?
Nov 21 at HUD 223(f) Loans
What are Trended Rents?
Nov 21 at HUD 223(f) Loans
What are Rental Assistance Properties?
Explore the Janover Network
May 8 at HUD Loans
The 2025 Developer's Guide to HUD Lender Matching
Apr 22 at Janover Inc. Investor Relations
Janover Inc. Announces Corporate Name Change to DeFi Development Corporation
Apr 16 at Janover Inc. Investor Relations
Janover Inc. to Host X Spaces Conversation on NAV Premiums
Was This Article Helpful?
2 min read

HUD 223(f) Loan Rates

Everything you need to know about fixed interest rates for the HUD 223(f) loan program for the acquisition and refinancing of apartment and multifamily properties.

In this article:
  1. HUD 223(f) Interest Rates
  2. Today's Rates & Terms
  3. Rates for Other HUD Loans
  4. Get Financing
Start Your Application and Unlock the Power of Choice Experience expert guidance, competitive options, and unparalleled industry expertise.
Click Here to Get Quotes →
$5.6M offered by a Bank$1.2M offered by a Bank$2M offered by an Agency$1.4M offered by a Credit UnionClick Here to Get Quotes!

HUD 223(f) Interest Rates

Designed for the purchase or refinancing of multifamily properties, HUD Section 223(f) offers low-interest, fixed-rate financing on these fully amortizing loans. Borrowers need not fear higher-interest refinances or balloon payments in years to come.

Interest rates are fixed throughout the life of FHA 223(f) loans. Specific rates for HUD 223(f) mortgages are determined by current rates and market conditions at the time of commitment. However, it should be noted that borrowers for these loans are required to pay a mortgage insurance premium, or MIP.

The minimum mortgage term for HUD 223f loans is 10 years. The maximum terms for the mortgage are either 35 years or 75% of the project’s estimated remaining economic life (whichever is less). A longer amortization period allows for lower monthly payments. These loans are also fully assumable and non-recourse.

Today's Rates & Terms

Today's HUD 223(f) interest rates can be found below.

Of course, it's not just about the interest rates. One of the key advantages to HUD 223(f) financing is that other terms, from maximum LTV to amortization, are extremely competitive.

Type

Current Terms

Size

Minimum $1 million (some exceptions allowed on a case-by-case basis)

Term

Minimum term of 10 years, maximum of 35 years, or 75% of the property's remaining economic life, whichever is less

Amortization

Up to 35 years

Maximum LTV

87% for market-rate properties, 90% for affordable properties, 90% for rental assistance properties

Minimum DSCR

1.15x for market-rate properties, 1.11x for affordable properties

Rates for Other HUD Loans

Maybe a HUD 223(f) isn't right for you. If you're developing a new property, for example, HUD's 221(d)(4) loan could be an ideal solution.

If you're looking for more information about other HUD multifamily financing options, take a look at the wide variety of options available to you. HUD offers many loans for many different purposes.

In this article:
  1. HUD 223(f) Interest Rates
  2. Today's Rates & Terms
  3. Rates for Other HUD Loans
  4. Get Financing

Getting commercial property financing should be easy.⁠ Now it is.

Click below for a free, no obligation quote and to learn more about your loan options.

Get financing →

Janover: Your Partner in Growth

At Janover, we offer a wide range of services tailored to your unique needs. From commercial property loans and LP management to business loans and services for lenders, we're here to help you succeed.

Learn more about Janover →
Commercial Property Loans

Get the best CRE financing on the market.

Explore Financing Options →
LP Management

Syndicate deals on autopilot with Janover Connect.

Discover LP Management →
Business Loans

Match with the right kind of loan, in record time.

Find Business Loans →
For Lenders

Supercharge your loan pipeline. Unlock more deals.

Boost Your Loan Pipeline →
HUD 223(f) Loans

HUD 223(f) Loans is a Janover company. Please visit some of our family of sites at: Multifamily Loans, Commercial Real Estate Loans, SBA7a Loans, HUD Loans, Janover Insurance, Janover Pro, Janover Connect, and Janover Engage.

Janover Tech Inc.

6401 Congress Ave
Ste 250
Boca Raton FL 33487
(561) 556-6669 
hello@hud223f.loans

Site Information

Privacy Policy
Terms of Use


For Commercial Mortgage Brokers

This website is owned by a company that offers business advice, information and other services related to multifamily, commercial real estate, and business financing. We have no affiliation with any government agency and are not a lender. We are a technology company that uses software and experience to bring lenders and borrowers together. By using this website, you agree to our use of cookies, our Terms of Use and our Privacy Policy. We use cookies to provide you with a great experience and to help our website run effectively.

Freddie Mac® and Optigo® are registered trademarks of Freddie Mac. Fannie Mae® is a registered trademark of Fannie Mae. We are not affiliated with the Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA), Freddie Mac or Fannie Mae.

This website utilizes artificial intelligence technologies to auto-generate responses, which have limitations in accuracy and appropriateness. Users should not rely upon AI-generated content for definitive advice and instead should confirm facts or consult professionals regarding any personal, legal, financial or other matters. The website owner is not responsible for damages allegedly arising from use of this website's AI.

Copyright © 2025 Janover Tech Inc. All rights reserved.

+

Fill out the form below and get the pricing and terms banks can't compete with.