Opening of Ace Hardwood Store. Loan provided by Commercial Loan Direct.
HUD/FHA provides insurance on mortgages that cover housing for the elderly. Known as a Section 232 loan, these loans finance nursing homes, assisted living facilities, and board and care facilities. FHA mortgage insurance provides protection against losses as the result of borrowers defaulting on their loans. The lenders have less risk because FHA will pay a claim to the lender in the event of a borrower's default. Section 232 may be used to finance the purchase, refinance, new construction, or substantial rehabilitation of a project.
Government backing enhances your hospitals credit worthiness. Your Resulting AA to AAA Credit Rating will provide you with a better interest rate. With a lower interest rate you have more money to meet your community needs.
HUD’s new Lean process employs standardized work products and processes to obtain a consistent, timely results. The following are some of the changes implemented with the Lean process:
What Clients Say About Us
Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever
- Nirav Patel
If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.
- Vincent Arias
We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them
- Rita Pisarski
We found an account with the email address you provided. Let's get you logged in by putting your password below.