Oakland Nursing and Rehabilitation Center is a 90-bed skilled nursing facility located in Oakland, Maryland. AGM refinanced the existing HUD-insured loan with a $4,047,000 mortgage through HUD’s Section 232/223a7 LEAN program. Oakland Nursing and Rehabilitation Center was able to reduce their interest rate by more than 2%.
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February Pulse Check: Despite the Headlines, with FHA You Can Fix Your Rate & Forget It
The change in Administration brought with it a flood of news about agency closings, furloughs, buyouts, and the like. It’s been tough to keep up.
