Rockport Mortgage Corporation, a leading national provider of FHA-insured multifamily and healthcare financing, today announced it has once again secured a position on Affordable Housing Finance (AHF)’s list of Top 25 Lenders in Affordable Housing Finance. Rockport completed $514.4 million in affordable housing transactions in 2015, an increase over its 2014 affordable housing transaction volume of $340.1 million.
Committed to the preservation of quality, affordable housing across the nation, Rockport specializes in serving the needs and fulfilling the mission of profit and nonprofit motivated multifamily developers, owners and sponsors, and has successfully advised clients nationwide on the development, implementation and closing of all aspects of HUD-assisted preservation transactions. Rockport has worked with many mortgagors to help recapitalize their projects originally financed through Section 236, 221 (d)(3) BMIR and Market Rate programs, Section 221 (d)(4), and State-Agency programs.
Through a comprehensive approach to recapitalization Rockport assures clients will carry on their mission to provide vital resources to the affordable and low-income housing market.
About Rockport Mortgage Corporation
Rockport Mortgage Corporation is a privately owned commercial mortgage banking firm founded in 1992 and located on the North Shore of Boston. Rockport specializes in providing FHA- insured loans to market-rate, affordable and senior housing communities and healthcare facilities through the Department of Housing and Urban Development (“HUD”), and has been approved under HUD’s Multifamily Accelerated Processing (“MAP”) program since the program inception in 2001.
The Rockport team works collectively to navigate the complexities of FHA/HUD-insured finance programs, developing strategic solutions to meet the diverse needs of our clients. For additional information on Rockport Mortgage Corporation please visit us at www.rockportmortgage.com