Healthcare Facility New Construction Loan
![]() Healthcare Construction |
Loan Details
- Lesser of: 90% Loan-to-Cost or 75% of Value
- Interest-only construction loan that automatically converts to 40-year permanent financing
- 40 Year Amortization
- 40 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
- 1:45 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are financeable