What is a HUD-Approved Lender?

HUD-Approved Lenders in Relation to HUD 232 Loans

A HUD-Approved lender is one which can offer HUD 232 senior financing and other HUD-insured loans. HUD-Approvals come in three categories; supervised lenders, non-supervised lenders, and loan correspondents. While supervised and non-supervised lenders can originate, service, and hold HUD-backed loans, loan correspondents are brokers that can only originate the loans.

To learn more about HUD 232 loans, fill out the form below to speak to a HUD/FHA loan expert.