FHA Credit Enhancement:

• U.S. Government Backing Enhances Your Hospital's Creditworthiness:
• Your Resulting AA to AAA Credit Rating = Lower Interest Rates
• Lower Interest Rates = More Spending Power to Address Community Needs

Hospitals That Choose FHA:

• Hospitals in all 50 States and Territories
• Acute Care Hospitals
• Critical Access Hospitals
• Large Urban Teaching Hospitals
• Hospitals in Systems
• For-Profit, Not-for-Profit, and Government-Owned Hospitals

FHA Loan Possibilities:

• Remodeling
• Expansion
• Modernization
• Equipment
• Refinancing

Streamlined Application Process:

• Fast-Track Processing Available
• Reduced Documentation Requirements
• Seven Loan Commitments Issued in Seven Days in Seven States
• Median Application Processing Time of 51 days in 2007

Attractive Loan Terms:

• No Maximum Loan Amount
• Loan-to-Value May Be Up To 90%
• No Cash Required At Closing with Sufficient Equity
• FHA Insures 99% of Loan Amount

Flexible Funding Options:

• Taxable Bonds
• Tax-Exempt Bonds
• Ginnie Mae Securities
• Whole Loan Placements

Other FHA Advantages:

• Design-Build Form of Contracting Allowed for Projects Under $30 Million
• Enable Flexible Loan Covenants
• Professional Staff Focused on Customer Service

CLIENT QUOTES

"FHA has financed our growth, and our growth has created our success. It has been a wonderful partnership through the years, and I am in your debt."
-Spencer Foreman, M.D., CEO, Montefiore Medical Center, Bronx, NY

"We are deeply grateful to FHA for supporting our goal to build this world-class hospital facility."
-Stuart Smith, Executive Director, Medical University Hospital Authority, Charleston, SC

"Please thank your staff for processing our loan application in 79 days and for their professionalism.... I recommend rural hospitals seriously consider FHA mortgage insurance."
-Arlene Harms, Former CEO, Melissa Memorial Hospital, Holyoke, CO