35 rate term: ASSISTED LIVING / SKILLED NURSING Acquistion & refinance
- 06/01/09 01:39 PM
ASSISTED LIVING / SKILLED NURSING ACQUISITION OR REFINANCE* * 85% Loan-to-Value (*No Cash-Out Refinance) * 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 * 1:18 Minimum Debt Service Coverage * This loan is always assumable. * Third-party expenses and loan costs are able to be financed. __________________________________________________ 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 (0 comments)