Commercial
Assisted Living/Senior Care Loan
Secure the financing you need to invest in the burgeoning senior care industry with CMRE's Assisted Living/Senior Care Loan program. We offer competitive rates, starting at 8.5%, and flexible terms to help you acquire, renovate, or expand assisted living facilities. With a streamlined application process and expert guidance, CMRE makes it easier than ever to capitalize on this growing market.
Program Benefits
Competitive interest rates starting at 8.5% for qualified borrowers.
Financing available for acquisition, renovation, expansion, and refinancing.
Expert guidance from experienced commercial loan specialists.
Flexible loan terms tailored to your specific business needs.
Opportunity to capitalize on the growing demand for senior care facilities.
Streamlined application and approval process for faster funding.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
N/A
Loan Amount Range
$500K - $10M+
Amortization Options
Eligible Properties
- Assisted Living Facilities
- Memory Care Facilities
- Independent Living Communities
- Skilled Nursing Facilities
Program Requirements
Income Documentation
- •Demonstrated ability to manage and operate a successful senior care facility.
- •Consistent revenue stream from existing facilities or projected income for new ventures.
- •Detailed financial projections showcasing the profitability and sustainability of the business.
Asset Verification
- •Sufficient collateral, typically in the form of the real estate being financed.
- •Liquid assets to cover down payment, closing costs, and initial operating expenses.
- •Existing assets demonstrating financial stability and investment capacity.
Insurance & Title
- •Comprehensive property insurance covering the full replacement value of the facility.
- •Liability insurance to protect against potential claims and legal liabilities.
- •Business interruption insurance to cover lost revenue in the event of unforeseen circumstances.
Property Requirements
- •Minimum FICO score of 640 or higher.
- •Strong credit history demonstrating responsible financial management.
- •No recent bankruptcies, foreclosures, or significant derogatory marks on credit report.
- •Demonstrated ability to repay debts in a timely manner.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
Our program is designed to finance a variety of senior care facilities, including assisted living facilities, memory care facilities, independent living communities, and skilled nursing facilities.
The minimum loan amount for our Assisted Living/Senior Care Loan program is $500,000.
The approval timeline varies depending on the complexity of the transaction and the completeness of the application. However, we strive to provide a streamlined and efficient approval process, typically within 30-45 days.
Loan proceeds can be used for acquisition, renovation, expansion, refinancing, and working capital.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
