Wasatch Capital Group is a boutique mortgage banking firm that’s been leading the way in multifamily financing since 1993. Our strong correspondent relationship give us access to a wide range of financing platforms including FHA/HUD, Fannie Mae, Freddie Mac, Bridge, & Conventional. Whether you need help navigating your finance options or have questions about specific loan requirements, Wasatch Capital Group can help. Contact us for a quote today.

  • New Construction

  • Purchase

  • Refinance

  • FHA/HUD

  • Fannie Mae

  • Freddie Mac

  • Bridge

  • Conventional

FHA/HUD 221 (d)(4) New Construction or Substantial Rehabilitaion

Provides mortgage insurance for the new construction and substantial rehabilitation or apartment projects, including independent living projects for seniors (age 62 years and older with no services). This program provides for both construction and permanent financing.

FHA/HUD 223(f) Acquisition and Refinancing of Multifamily Properties

Provides mortgage insurance to facilitate funding the refinancing or acquisition of apartment properties that have completed initial lease up and are operating at a 1.17x debt coverage ratio (1.11x for broadly affordable). Independent living projects for seniors (age 62 years and older with no services) are also eligible.

FHA 223(a)(7) Refinance for FHA Insured Projects

Provides mortgage insurance to refinance properties currently insured by FHA in an expedited manner.

Reduce debt service costs and generate proceeds for needed project repairs with minimal processing and underwriting requirements.

HUD Insured Loans

The Citizen

The Citizen

Cresthaven

Cresthaven

Meadows at American Fork

Meadows at American Fork

Murray Crossing

Murray Crossing

Odessa at The Distric

Odessa at The Distric