HUD 202 LOAN PROGRAMS

HUD 202 LOAN FEATURES

BLC is a direct HUD 202 lender and has closed over $1 Billion in HUD loans and is the leading 202 specialist in the country.   We have funded loans for refinances, acquisition and improvements. Our direct programs can be used to fund capital improvements, fund replacement reserves, and to add supportive services. Our programs offers the following benefits:

Very Low Interest Rates
35 Year Fixed Rate Term
Non-recourse
15% Developers Fee
Cash Out to Fund Capital Improvements

There are many legal and financial issues that need to be addressed when evaluating a 202 loan request. Our principals work closely with our clients, their management company and board of directors to clearly explain the loan process.  

We start the process by completing a free detailed analysis to determine if a refiance is eligible.  Because of our extensive experience, we have been successful in maximizing  loan proceeds and developer's fees for our clients. The principals work closely with our clients and guide them through the entire loan process. 

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