Specializing in many types of financing programs, including working with a Non-recourse loan (Non recourse loan), Apartment mortgage loan, Joint venture real estate, Commercial equity loan, Commercial rehab loan, Structured financing, and Shopping center loan. Of course we're known for our experience in dealing with: land development loans, hard money loans, apartment loans, industrial building loans, and real estate equity.

income property > FHA Healthcare

FHA Healthcare

Loan Amount: $1,500,000 or greater

Property Types:

Long Term Care	Acute Care
Nursing Homes - Skilled and Intermediate Care Assisted Living Facilities Congregate Care Retirement Apartments Board and Care Facilities	Hospital Alcohol & Drug Rehab Center Psychiatric Hospital Other Special Purpose Facility

Geographic Preference: Nationwide

Current Rates: 6.95% to 12.00% as of 03/25/02

Loan Terms/ Amortizations: 7 years to 40 years.

Types of Loans And Loan Programs:

Types	Programs
New Construction Refinance Refinance with Rehabilitation Refinance with Expansion Acquisition with Rehabilitation	FHA Wall Street Securitization Sale / Leaseback Conventional Fannie Mae / Freddie Mac

Highlights:

• Low, fixed rate construction and permanent loans arranged simultaneously.
• Typical 70% - 80% loan-to-value on all conventional programs.
  
• Permanent rate is locked prior to Construction Loan closing on FHA programs.
  
• 85% loan-to-value or purchase price for existing refinancing under FHA programs. (No rehab required.)
  
• 90% loan-to-cost and 90% loan-to-value for new construction and acquisition/rehabilitation on FHA programs.
  
• Multi-facility financings.
  
• Available with no personal liability.

 

Please contact an Account Executive

Rate and terms subject to change without notice