Direct HUD Lender &
Mortgage Banking Firm

Offering Commercial Financing Solutions Nationwide

Founded in 1991, BLC has closed over $3 Billion and is recognized as one of the leading lenders and advisory firms in the country.
Bedford Lending on YouTube
Videos covering our loan programs and FAQs are available now.

Market Rate

Bedford Lending's direct HUD 221(d)(4) and 223(f) loan programs provide financing for the acquisition, refinance, new construction and substantial rehabilitation of market rate apartment buildings nationwide.

Our loan programs are non-recourse, fixed rate for 35+ years, fully amortizing, and offer 85%+ leverage.

Any apartment size or style (garden, four-plex, etc.) is eligible and no income restrictions are required.

Affordable Housing

Bedford Lending is a recognized leader in developing finance solutions for non-profits & housing authorities throughout the United States.

Our direct HUD programs can be used to fund capital improvements, replenish replacement reserves, and lower interest rates. We have significant RAD, LIHTC, 202, 236, and Section 8 experience and frequently work on projects that other lenders struggle to underwrite due to size or complexity.

Healthcare

Bedford Lending’s direct HUD 232 and 232/223(f) loan programs provide financing for the acquisition, refinance, new construction and substantial rehabilitation of assisted living, memory care, skilled nursing, and independent living facilities throughout the country.

We have experience with all healthcare product types and markets, and provide non-recourse, 35+ year fixed rate loans up to 85% leverage nationwide.

Closings

New Construction – 88 Units

• $7,100,000
• 88 Units
• Non-Recourse
• 40 Year Fixed Rate

97% Acquisition & Substantial Rehab

• $5,700,000 HUD 221(d) (4)
• 72 Unit Apartment Conversion
• Non-Recourse
• 40 Year Term

HUD and Tax Credits -100% Financing

• $14,000,000
• 150 Units
• Non-Recourse
• 40 Year Fixed Rate

Apartment Building Refinance

• $3,300,000
• 3.7% Fixed Rate
• 35 Year Term
• $171,255 Annual Savings

Cash-Out Refinance

• $8,500,000
• 140 Unit Apartment
• Non Recourse
• 30 Year Term

98% New Construction & Subsequent A7 Loan

• $5,100,000 HUD 221 (d) (4) & A7 Loan
• 60 Unit Apartment
• Non-Recourse
• 40 Year Term

Blanket Apartment Acquisition

• $5,200,000
• 50 Units
• Non-Recourse
• 30 Year Fixed Rate

Nursing Home / ALF Construction & Permanent Loan

• $9,400,000 HUD 232 Loan
• 40 Year Term
• Non-Recourse
• 52 ALF Addition

Nursing Home Refinance

• $3,300,000 HUD Loan
• 35 Year Term
• 4.95% Fixed Rate
• $12,000 Monthly Savings

100% A.L.F. FINANCING

• $4,275,000 HUD Loan
• 90% LTV
• Non-Recourse
• 40 Year Term

80 BED ALZHEIMERS FACILITY

• $6,200,000 HUD 232
• 90% LTV
• Non-Recourse
• 40 Year Term

95% Acquisition Financing - Assisted Living

Rehab Facility Refinance

• $21,000,000 HUD Loan
• 25 Year Fixed Rate
• Non Recourse
• 80% LTV

Section 202 Refinance, 15% Developer's Fee

RAD Conversion and LIHTC Refinance

Elderly & Handicap 202 Refinance

Section 202 Elderly Refinance

Affordable Senior Housing

64 Unit 202 - HUD Insured Loan