Loan Programs

As an approved FHA MAP Lender, DPMC provides long term, low interest, fixed rate financing for the building a new project, rehabbing an existing project, and refinancing or acquiring an existing project.

Market Rate Multifamily Housing

As an approved Multifamily Accelerated Processing (MAP) lender, DPMC is dedicated to providing developers and owner’s non-recourse, long-term fixed rate financing for their projects nationwide. DPMC can serve both for-profit and non-profit borrowers.

New Construction or Substantial Rehabilitation - HUD 221(d)4
Purchase or Refinance - HUD 223(f)

Affordable Housing

As an approved MAP and LIHTC Pilot Lender, DPMC has a proven track record in financing affordable communities across the country. DPMC has successfully processed, closed and serviced many different types of affordable transactions, 9% & 4% LIHTC Transactions, Year-15 Re-syndications, Section 236 Decoupling’s, RAD, HAP and LIHTC Pilot transactions. Affordable housing transactions qualify for reduced MIP rates as low as 0.25%, please call for more information.

New Construction or Substantial Rehabilitation - HUD 221(d)4
Purchase or Refinance - HUD 223(f)

Healthcare Facilities

A Section 232 loan may be used to finance the purchase, refinance, new construction, or substantial rehabilitation of healthcare facilities. These facilities include nursing homes, assisted living facilities, and board and care facilities, or a combination of these uses.

Healthcare Facilities / Senior Housing - HUD 232


Section 242 of the National Housing Act provides mortgage insurance for acute care hospital facilities ranging from large teaching institutions to small rural critical access hospitals. Please contact us for more details.

Green/Energy Efficient Housing

HUD now offers a reduced MIP rate to projects willing to adopt higher energy efficiency and sustainability standards for 221(d)4 and 223(f) transactions. The annual MIP for properties that qualify is 0.25% which can be up to a 40 basis point reduction in the annual premium on market rate transactions.

MIP Reduced Rates - Federal Register Vol. 81, No. 62
Green and Energy Efficient Housing - MIP Reduction Steps (221(d)4)

Preliminary Loan Analysis

DPMC provides free preliminary loan analyses and can respond with a loan proposal within 48 hours of receiving the following:

  • Existing indebtedness or acquisition price.
  • Construction projects require an operating pro forma and an estimated cost of construction.
  • Proposed Sources & Uses of Funds statement, including any financing commitments in place and a detailed breakdown of hard and soft project costs.
  • Photos of the property, available market information, demographics, location map or a recent appraisal, if available.
  • Copy of current rent roll.
  • Detailed unit mix.
  • Copies of the last three annual financial statements & current interim statement.
  • Proposed repairs and/or recently completed capital improvements.