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 | MINIMUM LOAN:
$1,000,000.00 |
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| LOAN TERM:
Up to 25 Years. |
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| AMORTIZATION: Up to
25 Years. |
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| . |
| MINIMUM DSCR:
1.25x (Over the last three years) |
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| . |
| MAXIMUM LTV:
90%. |
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| . |
| INTEREST RATE:
Fixed. |
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| . |
| MINIMUM ELIGIBLE
REQUIREMENTS:
The facility must be an acute care hospital with no
more than 50% of patient days attributable to the following
services: Chronic convalescence and rest, drug and alcoholic,
epileptic, nervous and mental, mental deficiency, and tuberculosis.
For Critical Access Hospitals (CAHs) this restriction does not
apply. |
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| . |
| CLOSING COSTS:
Deposit required for third party reports, processing
costs, title and legal.
Travel and other standard costs if an when applicable. |
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| . |
| ORIGINATION FEE
PLUS ONE-TIME FEE: Quoted after
preliminary review. |
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| . |
| GOOD FAITH
DEPOSIT: Case by Case Basis. Applied to Origination Fee post closing, less
legal and related costs. |
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| FIXED ANNUAL PREMIUM:
0.5% of remaining balance. |
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| Above terms and conditions are subject to
change at any time without prior notice. Other terms and conditions apply.
If you have any questions, please don't hesitate to
contact us. Thank you. |
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| TO APPLY ONLINE
- CLICK
HERE | BACK TO CONDUIT HOME
PAGE - CLICK HERE |
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| If
your property is in trouble, we have a team of workout
loan specialists ready to assist hospitals that are restructuring debt,
in foreclosure, under
reorganization or Chapter 11. For more information, click
here or Apply. |
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