Nursing Home Loan Program

Skilled Nursing/Assisted Living Facility 232- Refinance
85% Loan-to-value, no cash out 75% Assisted Living Facility
35 Year amortization
35 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield.No personal liability (non-recourse) Negotiable pre-payment terms
Lean 1.45 to 1 Assisted Living FHA 232 1:18 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are financeable.
Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. For detailed information or a specific quote please call or e-mail.