HUD 232 Fixed-Rate

Are HUD 232 Loans Fixed-Rate?

Are HUD 232 Loans Fixed-Rate?

Fortunately for borrowers, HUD 232 and HUD 232/223(f) loans are both have fixed interest rates. This can be very beneficial, since, unlike with variable-rate loans, borrowers do not have to worry about interest rates rising, and can therefore make much more accurate financial projections.