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FHA Section221(d)(4)

CPC is a MAP-approved lender. The 221(d)(4) product is a fixed-rate construction and 40-year permanent loan covering the substantial rehabilitation or new construction of a multifamily property.

  • ·       Multi-family construction or substantial rehabilitation financing
  • ·        40-year terms
  • ·        Northeast region and others on case-by-case basis.
  • ·        Minimum loan size: $2 million
Term sheet

Eligible Uses

  • ·        New Construction
  • ·        Rehabilitation