HUD lenders
Rockport Mortgage (Bridge)
Rockport Mortgage Corporation is a national provider of FHA-insured financing programs for multifamily housing. It works on affordable, market-rate, and senior housing, and presents itself as a consultant and advocate in the multifamily housing industry as well as a lender.
The programs are HUD's FHA multifamily loans, most often Section 223(f) refinances and acquisitions and Section 221(d)(4) new construction and substantial rehabilitation. Transactions listed on the site run from single-property refinances of a few million dollars up to a $394.9 million package of three FHA loans financing the acquisition and major rehabilitation of Park Hill Apartments on Staten Island, where three Section 8 contracts cover a combined 1,090 of the properties' 1,107 units.
The listed deal flow is concentrated in the Northeast and mid-Atlantic, with closings in Massachusetts, New York, New Jersey, Delaware, and Washington, DC, plus others such as Chicago. In HUD's fiscal year-to-date Q1 2026 multifamily rankings, the firm reports placing second nationwide and first in HUD's Northeast Region for multifamily firm commitments, with $534,159,500 of firm commitment loan volume across 1,695 units financed.
Terms follow the HUD program rather than a published rate sheet, and the site points borrowers to its term sheets for program specifics. The office is at 17 Rogers Street in Gloucester, Massachusetts, and the phone number is 978-675-2002.
Best for
Owners and developers of affordable, market-rate, or senior multifamily housing seeking HUD-insured debt, particularly Section 223(f) refinances and Section 221(d)(4) rehabilitation or construction deals in the Northeast.
What they do
- FHA-insured multifamily financing
- Section 223(f) refinance and acquisition loans
- Section 221(d)(4) construction and substantial rehab loans
- Affordable housing financing
- Senior housing financing
- Market-rate multifamily financing
What stands out
- Reports placing second nationwide and first in HUD's Northeast Region for multifamily firm commitments in HUD fiscal year-to-date Q1 2026.
- Reports $534,159,500 of firm commitment loan volume across 1,695 units financed in that period.
- Closed three FHA loans totaling $394.9 million for the acquisition and rehabilitation of Park Hill Apartments on Staten Island.
- Listed transactions range up to $94 million across Massachusetts, New York, New Jersey, Delaware, Illinois, and Washington, DC.