Commercial and residential Lending

ASSISTED LIVING / SKILLED NURSING Acquistion & refinance
May 30th, 2009 4:33 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 or a specific quote on a project, give us a call at 1-317-348-0732


Posted by Audrey Patton on May 30th, 2009 4:33 PMPost a Comment (0)

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