What is it?
DirectLenderMatch classifies HUD/FHA Section 242 Hospital Mortgage Insurance under the financing form “Government-insured CRE mortgage.” Its typical use in this directory is: Finance eligible hospitals.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: Hospital real estate/project. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Finance eligible hospitals.
What backs or supports it?
Hospital real estate/project.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct FHA/HUD lender
Greystone
Greystone's current FHA/HUD platform documents an FHA LEAN 242 hospital financing execution.
Official evidence page →Last verified: 2026-08-23
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Commercial Real-Estate Sale-Leaseback
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Ground Lease Financing
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