Lower investment grade hospitals can save 13% or more on a net present value basis with FHA for new money projects.
Jacksonville, FL (PRWEB) August 30, 2013
An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and necessary projects offers tremendous cost-of-capital and market access benefits. The complexity of the FHA mortgage insurance process often dissuades potential borrowers from taking full advantage of this beneficial program, but the simple truth is that the FHA 242 hospital program can save qualified borrowers millions of dollars when compared to traditional fixed rate bonds. The program especially appeals to lower rated and non-investment grade borrowers.
The qualified team of bankers at AMS Health Care Mortgage Corporation, has successfully guided dozens of clients representing $8.5 billion of transactions through the FHA 242 process.
AMS, an FHA approved mortgage lender, is consistently the leading originating banker for new FHA 242 hospital loans. Collectively, its team has more than 100 years of experience with the FHA hospital program and healthcare finance, having completed more than $8.5 billion of FHA healthcare transactions.