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970-663-7306

Assisted Living (With or Without Memory Care)

Financing: Nationwide Loan Amount: $3 million - $15 million (including preferred equity and mezzanine financing); property's first mortgage must be financed with us to qualify for this program. LTV: 75% - Purchase 85% - 90% by addung mezzanine financing or preferred equity to capital stack Term: 6 - 36 months Origination Fee: Varies Prepayment: None 1st Lien: Required Foreign Nationals: OK Funding: 20 - 30 days Credit: No minimum credit score required (asset based lending) Tax Returns: NO tax returns or income verification Interest reserve can be built into the loan so no monthly payments