Churchill Stateside Group Announces HUD MAP Lender Approval
PR Web |
(PRWEB)
The company will offer its clients the following FHA HUD multifamily housing programs; Section 221(d)(4) for new construction and substantial rehabilitation; Section 223(f) for acquisition or refinance of existing properties; and, Section 223(a)(7) for refinancing properties with an existing FHA mortgage.
As a MAP Lender, CSG is approved to perform all functions of underwriting and processing for multifamily housing loans, and to submit applications to HUD for expedited review and issuance of loan commitments. The MAP program is designed to make HUD financing options more competitive with conventional financing timeframes.
The company’s head of debt and equity production,
###
About Churchill Stateside Group
Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and renewable energy industries by sponsoring tax credit equity investment funds for institutional investors and providing various construction and permanent financing solutions for the commercial real estate development community. CSG’s investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. CSG has long-standing and successful investment relationships with numerous corporate investors, pension funds, and insurance companies. The company is also an approved
For more information, please visit http://www.CSGfirst.com.
Read the full story at http://www.prweb.com/releases/2013/3/prweb10552832.htm
Copyright: | (c) 2013 PRWEB.COM Newswire |
Wordcount: | 297 |
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News