Senior Living and Assisted Living Facility Financing

NCPL provides SBA, Conventional, FHA and Fannie Mae financing all over the United States for many types of Senior Living Properties to meet the needs of our aging population.

*Rates starting at 3.25%

**FHA Programs at bottom of page

Loans from $500,000 to (No Loan Limit)

  1. Purchase- Up to 83% LTV
  2. Refinance- Up to 80% LTV
  3. New Construction-
    • Up to 80% LTCost (HUD)
    • Up to 75% LTC- Conventional
  4. Rehabilitation- Up to 83.3% LTCost
    • Skilled Full Care Nursing Facilities
    • Assisted Living
    • Independent Living
    • Senior Housing
    • Adult Day Care
    • Hospitals
    • Other specialty care facilities

Locations:             Nationwide All 50 states

Amortization:        20,25,30,35, and 40 years

                              FHA construction loans convert into a 40 year, fully amortizing fixed                                      rate loan

Loan-to-Value:     70-83.3% LTV

Debt Service:       DSCR on healthcare properties is as low as 1.2%

Non-Recourse:     Recourse loans usually not required except for SBA Loans and     construction ( no personal liability and no personal tax returns )

Assumable:          Yes, subject to lender approval

LOAN PROGRAMS

(1)

**Healthcare Acquisition or Refinance - HUD 232-223 (f) Link

*$4 MM minimum Loan no maximum*

.

.

Fannie Mae Senior Living Housing

*$2 MM minimum loan no maximum*

(2)

.

(3)

SBA Assisted Living

*$500,000 minimum loan*

SBA 7a Loans ($5 MM maximum loan amount)

  • SBA 504 (Maximum Loan $12 MM)
  • MUST BE OWNER OPERATED
  • Up to 90% LTV

(4)

Conventional

$1 MM minimum

      SR Living and ALF Application Forms:

.

  1. Document Check List - Senior and Assisted Living Facilities
  2. Commercial Loan App Form - Sr Living (PFD)
  3. Loan Request Form SLF and ALF

 

Please Call to Discuss Details
877.837.6489 or

972-523-4444 Direct


 
 
Stated Income  Loan Process Apartment/Multifamily Refinance Retail/ Office /Multi-use      
Full Documentation
Hotel/Motel Commercial Customized Financing    
SBA Loans Construction 1031 Exchange Glossary Applications      
 

Toll Free: 877.837.6489 Metro: 972.523.4444 Fax: 866-257-9609
14860 Montfort Ste 200 Dallas TX 75240 Email: johnc@dcmonline.net
National Commercial Property Loans

License #781