Loan Data

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States

Section 223(f)

35 years

January 1, 2000

Maturity date New maximum maturity date (original if refinanced under Examples term) 223(a)(7) on January 1, 2010 Example 1 January 1, January 1, 2045 2035 (any later maturity would (35 years) violate the maximum 35-year term limit under the applicable SOA, in this case 223(f)) Example 2 January 1, January 1, 2040 2030 (any later maturity would (30 years) exceed the 30-year term of the original mortgage)

New maximum maturity date if refinanced for a second time under 223(a)(7) on January 1, 2013

January 1, 2047 (any later maturity would violate the maximum 12-year extension of the original mortgage’s term)

January 1, 2042

(any later maturity would violate the maximum 12-year extension of the original mortgage’s term)

C. Example of Allowable Term/Maturity Date Extensions for a Section 223(a)(7) Refinancing of a Mortgage Previously Insured Under Section 221(d)(4)

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▸Contents — HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

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