FHA Insured mortgages can be used to finance the new construction or substantial rehabilitation of Nursing Homes, Intermediate Care Facilities, Board and Care homes, and Assisted Living Facilities nationwide. Additionally, these mortgage loans can be used for the purchase or refinancing of existing projects not requiring substantial rehabilitation, and for expansion of existing properties.
The FHA mortgage insurance programs currently offer one of the few low-cost, higher leverage, non-recourse loan products available in today’s difficult and dislocated credit environment. These FHA Healthcare programs provide an excellent and reliable source for long-term, fully amortizing, fixed-rate financing.
The most common FHA Healthcare Programs include:
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Below are some of Cosmopolitan Capital Funding, LLC’s recent Transactions.