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 or a specific quote on a project, give us a call at 1-317-348-0732