Senior Housing Loans
Trillium Capital Resources executes Senior Housing loans for clients. There are several different avenues that you can use to finance your apartment project. We have relationships with key providers that can provide you with the most competitive senior housing loans in the market.
Depending on your Senior Housing project, we can help you with FHA (HUD) Financing, Fannie Mae, or Freddie Mac financing options.
Each financing option has different terms and rates, and Trillium Capital Resources will help you find the right loan.
FHA (HUD) Senior Housing Loans
HUD/FHA provides mortgage insurance on loans that cover housing for the elderly. Known as a Section 232 loan, these loans help finance nursing homes, assisted living facilities, and board and care facilities.
Section 232 may be used to finance the purchase, refinance, new construction, or substantial rehabilitation of a project. A combination of these uses is acceptable – i.e. refinance of a nursing home coupled with new construction of an assisted living facility.
Click Button Below to learn more FHA- HUD SENIOR HOUSING PROGRAM
Fannie Mae Senior Housing Loans
Fannie Mae’s Multifamily Mortgage Business provides financing options for properties that provide for the elderly including:
Freddie Mac Senior Housing Loans
Freddie Mac Loan can be used for acquisition or refinance of senior housing properties including:
Borrowers must have experience as an owner/operator of comparable facilities and meet ownership structure requirements. Rates can be floating or fixed, with the ability to advance rate lock.
Click button below to learn more THE FANNIE MAE SENIOR HOUSING LOAN Program: