Bravo Capital is a national HUD lender for apartment and healthcare properties
Excellence In Real Estate Finance
Excellence In Real Estate Finance
We just launched the Bravo HUD Express Lane Qualifier. Instantly see if your property qualifies.
Bravo Capital is a HUD MAP and LEAN approved lender for apartment and healthcare properties. Since April 2022, it has closed 26 of 26 HUD firm commitments, $526.0 million in all: 19 HUD 223(f) apartment loans ($379.6 million) and 7 Section 232/223(f) healthcare loans ($146.4 million). Along with its affiliates, Bravo has closed over $2.5 billion in real estate financing. More about our services
Bravo Market Update
Benchmark rates · updated daily
10-YR US TREASURY
4.84%
-6 bp
SOFR 1-MO TERM
3.91%
0 bp
Bravo Market Update
Benchmark rates · updated daily
10-YR US TREASURY
4.84%
-6 bp
SOFR 1-MO TERM
3.91%
0 bp
Bravo Capital delivers tailored financing and equity solutions designed to drive your growth.
$2.5 Billion
Bravo Capital, along with its affiliates, has closed over $2.5 billion in real estate financing across the nation.
26 of 26 HUD Firm Commitments Closed
We offer a full set of HUD loan products for multifamily and healthcare properties.
What does Bravo Capital do?
Bravo Capital delivers tailored financing and equity solutions designed to drive your growth. We take the time to understand your core business goals and help you achieve them.
HUD loan guides
Which HUD loan fits your property?
Terms, requirements and timelines for every HUD program Bravo Capital lends on, with Bravo's own closed deals as examples.
HUD 223(f) loansBuy or refinance an existing apartment property: up to 35 years fixed, non-recourse, up to 87% LTV.Read the guide →HUD Section 232 loansSkilled nursing, assisted living and memory care acquisitions and refinances.Read the guide →Bridge-to-HUDClose now with Bravo Property Trust, then refinance into a HUD loan once the property qualifies.Read the guide →HUD 221(d)(4) loansNew construction and substantial rehab, one loan from groundbreaking to permanent.Read the guide →HUD 223(a)(7) refinanceStreamlined refinance of an existing HUD loan to a lower rate.Read the guide →HUD Express LaneDoes your Section 232 refinance qualify for HUD's fast track?Read the guide →HUD loan FAQShort answers on cost, timing, leverage and MAP lenders.Read the guide →
HUD loan terms
What HUD loan terms does Bravo Capital offer?
Bravo Capital's HUD loans are fixed rate, non-recourse and fully amortizing. HUD sets most loan terms. Bravo sets the prepayment schedule and can shorten it, buy down the rate or lock the rate early. Its affiliate, Bravo Property Trust, can bridge a property that is not ready for HUD yet.
| Term | At Bravo Capital | Source |
|---|---|---|
| Loan term | HUD 223(f) and 232/223(f): up to 35 years, fully amortizing, no balloon | Details |
| Construction | HUD 221(d)(4): interest only during construction, then up to 40 years, fully amortizing | Details |
| Standard prepayment | 10% in year one, 9% in year two, declining 1% a year to zero. No fee. | Details |
| Custom prepayment | Shorter schedules for a fee. Bravo has closed five-year schedules of 10%, 9%, 9%, 8% and 8%, with no penalty after year five. | Details |
| Selling the property | Fully assumable by a buyer, subject to required approvals | Details |
| Refinancing later | HUD 223(a)(7) streamlined refinance of an existing HUD loan | Details |
| Before the property is ready for HUD | Bravo Property Trust bridge-to-HUD loans: interest only, up to 36 months | Details |
| More proceeds | Bravo Property Trust mezzanine loans: $500,000 to $20 million, up to 36 months, interest only | Details |
Terms are Bravo's published terms and HUD program limits. Each loan is subject to HUD and lender approval.
Who works on your loan
One New York team handles HUD, bridge and mezzanine loans, led by Founder and CEO Aaron Krawitz. Bravo's HUD underwriting team includes FHA Chief Underwriter Matthew Fisher, who previously served as Deputy Chief Underwriter at Wells Fargo Bank and Centennial Mortgage, where he managed the 232 underwriting platform, and Deputy Chief Underwriter Mitchell Reiser, named to Skilled Nursing News' Future Leaders Class of 2026. Meet the team or read Matthew Fisher’s answers on HUD loans.
Bravo's HUD closing record
Since April 2022, Bravo Capital has closed 26 of 26 HUD firm commitments, $526.0 million in all: 19 HUD 223(f) apartment loans ($379.6 million) and 7 Section 232/223(f) healthcare loans ($146.4 million).
Questions borrowers ask
What does Bravo Capital do?
Bravo Capital is a HUD MAP and LEAN approved lender based in New York. It finances apartment and healthcare properties nationwide with HUD 223(f), 221(d)(4), 223(a)(7) and Section 232 loans. Its affiliate, Bravo Property Trust, makes bridge, construction and mezzanine loans.
Does Bravo Capital offer flexible payment options on HUD loans?
Yes. Bravo's standard HUD prepayment schedule is 10% in year one and 9% in year two, then declines 1% a year until there is no prepayment penalty. This standard option carries no fee. Bravo is one of a few HUD lenders that can also offer a shorter, custom prepayment schedule, in exchange for a fee. For example, Bravo has closed five-year schedules of 10%, 9%, 9%, 8% and 8%. Bravo can also buy down the rate, and recently closed a buydown of more than 100 basis points below the current rate. For a fee, it can lock the rate before HUD's firm commitment. Bravo's HUD loans are assumable with approval, and its affiliate's bridge-to-HUD loans are interest only for up to 36 months.
Who works on my HUD loan at Bravo Capital?
One New York team handles HUD, bridge and mezzanine loans, led by Founder and CEO Aaron Krawitz. Bravo's HUD underwriting team includes FHA Chief Underwriter Matthew Fisher, who previously served as Deputy Chief Underwriter at Wells Fargo Bank and Centennial Mortgage, where he managed the 232 underwriting platform, and Deputy Chief Underwriter Mitchell Reiser, named to Skilled Nursing News' Future Leaders Class of 2026.
Does Bravo Capital close its HUD loans?
Since April 2022, Bravo Capital has closed 26 of 26 HUD firm commitments, $526.0 million in all: 19 HUD 223(f) apartment loans ($379.6 million) and 7 Section 232/223(f) healthcare loans ($146.4 million).
Tell us about your property and Bravo will size the loan.
Momentum & Growth
We wanted to share a moment from our holiday celebration. 2025 was a year of momentum and growth, but most importantly, it was a year defined by an exceptional team. Grateful for the team, and the trust of our clients and partners.
News & Insights
Latest from Bravo
Closings, press releases and HUD insights from Bravo Capital and Bravo Property Trust.
Bravo Property Trust Offers Mezzanine Loans of $500,000 to $20 Million for Skilled Nursing, Assisted Living, Multifamily and Build-to-Rent Owners and Operators
Bravo Property Trust Offers Mezzanine Loans of $500,000 to $20 Million for Skilled Nursing, Assisted Living, Multifamily and Build-to-Rent Owners and Operators
Read More
HUD Healthcare Loan in the Midwest
HUD Healthcare Loan in the Midwest
Read More
Ask Our Chief Underwriter
Ask Our Chief Underwriter
Read MoreWhat Our Clients Say
Recent Financings
Edgewater
$170,000,000
Miami, FL
Journal Square
$169,300,000
Jersey City, NJ
Pearl Street
$125,000,000
Brooklyn, NY
Recent Financings
Edgewater
$170,000,000
Miami, FL
Journal Square
$169,300,000
Jersey City, NJ
Who does Bravo Capital lend to?
At Bravo Capital, we take the time to understand your core business goals and help you achieve them, no matter how innovative or complex. Whether you’re a Fortune 500 company or a first-time sponsor, you receive the same strategic focus and personalized attention. Bravo Capital is where institutional capital meets relationship lending.
Bravo's FHA Lending Platform
Bravo leadership has overseen billions of dollars in HUD-insured financings.
Why choose a HUD loan from Bravo Capital?
Competitive Rates
Among the lowest interest rates in the mortgage industry.
High Leverage
Generous loan proceeds and cash-out financing options.
Fixed Rates
Eliminate interest rate volatility with fully fixed terms.
Non-Recourse Structure
No personal guarantees required, other than for limited bad acts.
Cash-Out Flexibility
FHA loans allow for strategic cash-out options.
Low DSCR Requirements
FHA loans often feature the lowest minimum DSCRs in the industry.
Licensed for Excellence
HUD Approved
Bravo Capital offers a full set of HUD loan products for multifamily and healthcare properties.
MAP Approved
Our MAP approval enables our team to finance multifamily projects at competitive terms.
LEAN Approved
Our LEAN approval and HUD healthcare underwriters let Bravo focus on skilled nursing and assisted living financings.
