Assisted Living Loans

Assisted Living loan rates are near record lows. FHA 232/223F does not allow cash our and takes over six months to process but it has consistently yield very low rates near 4% for the last year or so.

FNMA and Freddie Mac are financing stable deals with good operators at conservative loan to values of 65% loan to value or less. The rates are in the low 5% currently and cash out is available if the property meets the underwriting requirements.

Call or e-mail Scott at (847) 903-7578 or kendallrealty@gmail.com for more details.

FHA 232/223(f) Assisted Living Memory Care Refinance Rates

FHA 232/223(f) Rates are about 5% plus MIP for assisted living and memory care refinance.

FHA 232 New construction Assisted Living and Memory Care Facilities rates about 6% plus MIP.