3.8.3 Controlling Mortgage Criteria
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 loan is limited to the lesser of the original principal balance, the existing indebtedness plus transaction costs, and that which can be supported by 90% of NOI (95% for projects with greater than 90% Project-Based Rental Assistance with a term in excess of 15 years after endorsement).
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