Blog Archive

Tuesday, February 10, 2009

92.5% Multi-Family & Assisted Living Financing!

We have access to special government guaranteed financing programs for apartment building and assisted living facility acquisition, rehab and new construction that offer loans of up to 90% loan to cost for new construction and rehab projects and up to 92.5% total financing to appraised value for purchases with fixed rates and 35 year amortization available.

Up to 92.5%* Loan-to-ValueMultifamily – Assisted Living Acquisition
  • $2 Million Loan Minimum
  • 35 Year Amortization
  • 35 Year Term (no balloon)
  • 7.5% Seller promissory note allowed for down payment requirements
  • 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
  • 1:15 Minimum Debt Service Coverage
  • This loan is always assumable
  • Third-party expenses and loan costs are financeable.


* 85% LTV with 15% equity where we may allow 1/2 of the 15% in the form of a seller note on apartments. Thus only 7.5% equity or 92.5% CLTV.

Please keep in mind that there are more deals needing money than money to lend so only the better deals get funded. To find out if we can help you, just call us at: 1-863-298-8900. It costs nothing to see if we can help you!

So call us TODAY at 863-298-8900 or visit our web site at http://commerciallendingpros.com/

8 comments:

Mike Lintro said...

Assisted living facilities can be pretty nice when you have family close by. We moved my grandpa to a closer home a few years ago, and although he misses the house he grew up in, he is getting used to a smaller house. It is just a lot better to have him in a building that doesn't have any stairs. He never took a bad fall, but I'm sure it would have happened eventually. http://www.jacobswellalf.com

Kathy said...

Three Links Care Center on Northfield MN is a retirement home community for seniors in MN. Choose from our private residence floor plans and enjoy independent living.

Useful Talk said...

I really loved reading your blog. It was very well authored and easy to undertand. Unlike additional blogs I have read which are really not tht good. I also found your posts very interesting. In fact after reading. I had to go show it to my friend and he ejoyed it as well! Assisted Living

aaronnssd said...
This comment has been removed by the author.
aaronnssd said...

Thanks for this article, it's giving a lot of information about Financing. I learned a lot of knowledge about it. Thanks for helping me with this article. Top Finance Company in California

Kathy said...
This comment has been removed by the author.
Flex Financing said...

I absolutely concur with this article and I simply need to state that this article is an extremely overall quite instructive article.I will try to peruse your blog more. In House Financing Winnipeg`

ragnhildjacquez said...

The simplest bet have the ability to|you probably can} place is guessing whether the ball is going to fall on a red or black quantity. If you need to attempt another recreation with excessive odds, play craps. However, the brand also provides sportsbook and online on line casino. Crowned the 'Operator of the Year' in 2021 is proof that brand has every little thing an avid on line casino customer needs. King excessive qualifies the dealer and pays the very best returns, but primary poker technique also applies. We advocate you all the time 1xbet play Queen excessive to have an opportunity of getting your bet money back and then some.