ICYMI: Mark Parkinson on Why HUD Loans Make Sense

For more than 20 years, Mark Parkinson says he has been telling people in the sector to use HUD when searching for financing options.

And, in this video, Mark explains why that is the same advice he gives now, and even more strongly.

“I've been begging people to do this for the last 20 years, which is that when you can go to HUD, do it,” he says. “It makes all the sense in the world. Why? Because a HUD loan is locked in for 35 years, and it doesn't readjust regardless of what happens to rates. And, oh by the way, it's also non-recourse, so you might be able to sleep a little better at night.”

Get the inside scoop on the world of HUD from the leader who should know, and does.

Questions or comments? Contact Patrick Connole at pconnole@parkplacelive.com.