Hudson Realty Capital’s Brad Cain discusses the nuances of FHA lending vs. conventional and GSE loans.

Deciding between financing alternatives involves careful consideration, especially at a time when options are plenty. MHN spoke with Hudson Realty Capital Managing Director Brad Cain about the nuances of Federal Housing Administration originations vs. Government Sponsored Enterprise originations and conventional loan products.

Cain joined Hudson Realty Capital in March 2021 to accelerate the growth of its FHA business, which the middle market capital provider launched this summer.

What prompted Hudson Realty Capital to launch an FHA loan division?

Cain: The pandemic has made it more important than ever before to be able to lend through periods of illiquidity. Given the turbulence of the Great Financial Crisis in 2008 through 2012, our executive team felt that adding FHA capabilities to our conventional lending was a natural fit for us.

The addition of FHA lending has been in the works at Hudson since late 2019 when our company’s founders first approached Greater Southern Realty Capital—now called Hudson Realty Finance LLC—to join our platform. Since September 2020, our executives have focused on assembling a strong team of professionals that has originated over $1 billion of mortgage loans for FHA and is looking to expand the company’s footprint to include both MAP and LEAN.