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By Winston Rowe & Associates | Mortgage Broker
or Lender in California

Assisted Living Facilities (ALF)SBA 504, HUD Loans No Upfront Fees

Winston Rowe & Associates, a national commercial finance firm provides structured SBA and HUD financing for healthcare facilities nationwide, with no upfront or advance fees.

They have quickly become a recognized leader in the healthcare financing market because of their highly competitive, flexible commercial loans.

Investors seeking financing can contact Winston Rowe & Associates directly at 248-246-2243, or visit them online at: http://www.winstonrowe.com

They have commercial financing solutions for anywhere in the United States for most healthcare property types which include; assisted living facilities, skilled nursing homes, congregate care homes, CCRC and acute care hospitals.

The Following Are The Loan Program Guidelines:

HUD insured mortgages can be used for the refinance or acquisition of existing licensed Senior Care and Special Use facilities including:

HUD 232 Acquisition and 223(f) for Refinancing Guidelines current HUD loans:
Up to 35 year loan term and amortization
Lowest possible interest rates for ALF financing
Loan is Non Recourse
Loan is Fully Assumable
Interest rate is fixed for length and term of loan - NO balloon
Ownership may be for profit or non profit
Prepayment penalty typically 2 to 3 year lockout and declining penalty through Year 10
No CASH OUT and existing debt must be seasoned 2 years

Maximum FHA insured mortgage limited to the lesser of:

Mortgage supported by a 1.45 debt service coverage ratio
80% of appraised value for "for profit" entities
85% of appraised value for "non-profit" entities
100% of existing debt including loan costs, repairs and replacement reserves

HUD 232 Construction Loans:

Interest only through construction period
40 year loan term and amortization
Interest rate fixed for term of loan
No maximum loan amount
Loan to hard and soft costs is 90%
Loan is non-recourse, even through construction
Loan is assumable
Ownership may be for profit or non profit

They also have an excellent free knowledge based resource for commercial real estate investors located at:


Winston Rowe & Associates provides unparalleled service to its clients and is one of the fastest growing consulting firms in the commercial construction financing market. Their concise delivery is often imitated, but never duplicated.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082

Winston Rowe & Associates has no upfront free commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming
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