3.5.4 Maximum Loan Ratios and DCRs
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
A. The controlling mortgage criteria for Section 231 loans are the same as for the Section 221(d)(4) program, detailed above in Section 3.3, with the exception of criterion 3 for substantial rehabilitation loans, which is controlled by the applicable percentage of “as rehabilitated” value (not cost).
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