Sims Mortgage Funding, Inc.

Established in 1984, Sims Mortgage Funding, Inc. (SMF) originates mortgage loans insured by the Federal Housing Administration (FHA) for healthcare, senior housing, multifamily rental and hospital projects.

We are an approved lender under the following the programs:

  • FHA’s LEAN program for skilled nursing, assisted living and specialized use facilities;
  • Multifamily Accelerated Processing (MAP) program for market-rate and subsidized rental housing;
  • Office of Hospital Programs (OHP) for hospital transactions;
  • Traditional Application Processing (TAP) program for rental housing not covered under MAP.

Through these programs, we originate, process, underwrite and fund loans for construction, rehabilitation, expansion, acquisition, and refinancing of existing debt.

In addition, SMF arranges loan funding through the sale of GNMA Mortgage Backed Securities or tax-exempt bonds underwritten by HJ Sims.  We also provide consulting and financial advisory services to borrowers with respect to construction loan servicing, asset management, debt restructuring, mortgage note modifications, and tax-exempt bond financing.

To learn more, click here or call 201-307-9383.