Home / Federal Housing Administration / Healthcare Programs / Section 242 / How to Get Started: Steps 1-3
How to Get Started: Steps 1-3

1. Self-Assessment

The first step is for you to perform a self-assessment to determine if FHA mortgage insurance is right for you. Please use our free, automated, online Pre-Screening Tool to assess your project's eligibility. The Tool screens for basic statutory, regulatory, and financial eligibility requirements. You may also refer to our Pre-Application Guide for more information.

2. Choose a Lender

If you do not already have a mortgage lender, FHA maintains a List of Lenders who are active in the hospital mortgage insurance program.

3. Preliminary Review

As a free service to the hospital and lender, FHA performs a preliminary review of the hospital and project to identify any obvious factors that would cause an application to be rejected before the hospital and lender expend the resources needed to prepare a full application.

If you would like FHA to conduct a preliminary review of your hospital, please complete the appropriate preliminary template in the Pre-Application Guide and submit it to the Office of Hospital Facilities. Feel free to contact us if you have any questions!


Continue to Steps 4-10

 
[Hospital]