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Mapping Your Way Through Due Diligence Requirements for The FHA Loan Program

Published in Multi-Housing News Online

Despite the unstable lending market, the Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) program has been reliable in providing the most loans with the lowest rates in the market. Today, in both affordable and market rate housing, HUD remains sustainable and accountable, and has only made modest changes in underwriting as a hedge against a volatile market place. 

For those seeking HUD financing under its Multifamily Accelerated Process (MAP) program, environmental and engineering due diligence requirements are substantially different from those required by Government -Sponsored Enterprises (GSE) such as Fannie Mae and Freddie Mac.

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