HUD Interest Rate Reduction Loan Modification Program

Our HUD interest rate reduction loan program provides loan modifications for healthcare properties with existing FHA-insured debt.

Healthcare Facilities

Eligible Properties

Any property with existing HUD-insured loan.


Unchanged from existing mortgage, no term extension available.

Interest Rate

Locked before closing and fixed for the duration of the term. (Subject to market conditions.)


Customizable, typically a step-down period, other variations possible, based on market conditions and borrower preferences.

Loan Conditions

  • 1.05x DSC Ratio
  • The annual Mortgage Insurance Premium (MIP) is unchanged from existing mortgage.

Third-Party Reports

Property Capital Needs Assessment (PCNA) may be required.


Approximately 30 – 45 days for engagement, submission, FHA/HUD review, and closing.