CW began its FHA lending operations in 1972, and by the 1990s had established itself as a national leader in the FHA multifamily and seniors housing lending arena. This leadership is illustrated by our history of “firsts”. We were approved as one of the first national lenders for FHA’s Multifamily Accelerated Processing (“MAP”) system and closed the first MAP loan in the country. Our principals worked closely with the FHA to streamline the loan closing process and develop LEAN Processing Procedures, and in 2008, closed the first loan in the country under the LEAN program. Subsequently, we closed the country’s first LEAN new construction loan, the first 223(a)(7) LEAN loan, and the first LEAN operating loss loan. We believe our reputation and leadership in FHA financing is unparalleled.
Lending on a wide variety of transactions, from Class A new construction to substantial rehabilitation and affordable housing, we offer the most competitive rates available, combined with the strength and benefits of our regional, in-house underwriting, servicing and closing teams. We have also become a leading lender for skilled nursing and assisted living facilities through the FHA programs.
Utilizing our own regional underwriters, we understand and can respond to the intricacies of your local market and deal transaction, and have the unique ability to create custom lending solutions for our borrowers. With a network of regional offices, and with strong FHA and third party relationships at the local, regional and headquarters level, we have the ability to create extraordinary results and deliver on our promises.