Health Care Property Loans, Medical Financing, Health Care Financing, Physician Loans

"When looking for a small business loan to
purchase my new office, I contacted
Commercial Finance Advisors in the hopes
that they would be able to find me the best
deal. All of my expectations were met and
then some. They really go out of their way
to cross all the t's and dot the i's for you. I
would recommend them to anyone and when
my needs arise for another loan, I will look
no further."

Phillip P. Crace, MD
Kentucky

Closing
Medical Office, Atlanta, GA

2009 Closing, Medical
Office Building, Dallas Tx

New Build, Closed
Family Practice, Buford, GE

Closing of SBA 7a Loan
Doctor Office, Howell, Michigan

"Commercial Finance Advisors, and Jeff
Rauth went above and beyond my
expectations when I refinanced my medical
office building. I liked them so much I used
them again when I purchased a 2nd location for
my practice."

Adam Cole, MD
Dallas TX

"Commercial Finance Advisors, Inc stepped
up and helped me through a difficult
construction loan. During the middle of a
construction project my bank pulled
out of the project. I was forced to find
another bank or faced foreclosure.
After being turned down from many
banks CFA came in, and quickly turned the
project around and at better terms than
my first bank offered. I highly recommend
them."

Dr Osowa, MD

Atlanta, GA

We are still closing health care property loans, you are not wasting your time. We do commercial mortgages, SBA loans, USDA B & I loans and conventional bank loans (and others) for doctors, nationwide. Loan amounts range for $400,000 - $12,000,000. We finance commercial real estate, equipment, practice goodwill, working capital, and various types of debt consolidation into our loans. If you are a physician, seeking capital, we have a full range of excellent finance options for you. We would appreciate the opportunity to earn your business.

Physician's are our preferred clients. Approximately 45% of all of our borrowers are physician's, dentists, veterinarians, doctors, etc and we invite you to take a moment to fill out our loan pre approval form so that we can give you real, meaningful answers to your loan request. We have access to some of the best physician loan programs in the nation like 10 to 25 year fixed rates, compititive interest rates and financing up to and beyond 120% loan to value (only for medical practitioners).

Physicians and other medical professionals choose to work with us for a couple of different reasons. 1. We often have better rates and terms than their local banks provide 2. We are more aggressive in closing and have more flexible underwriting standards than most traditional banks (lower credit scores, practice expansions, practice acquisitions etc don't scare us), 3. Many of our past client's liked working with us because we expedite the process for them. We do this by doing the "grunt" work for them. Like filling out forms, calling their CPA, contacting their real estate agent on purchase transactions, etc and just staying on top of the file in general. If you have done a commercial mortgage before, you already now how important this is. Bottomline, we understand you are busy and that you have a practice to run.

If you are considering refinancing or purchasing a new medical office building, we want to work with you. We do health care financing nationwide. Take a moment to fill out the Pre Approval form now.

Benefits, Our Medical Financing

Low, long term fixed rates, from 5, 10 and even 25 years fixed.
Take a look at our unique 25 year FIXED commercial loan that goes up to 90% financing.
Up to 130% loan to value financing on purchase or refinance transactions.
Ground up construction and renovation financing available for your medical building.
Roll in working capital or equipment financing into your project.
Loan amounts up to $12,000,000.
SBA loans, conventional and USDA B & I medical financing programs and more.
We help you expedite the process, saving you time and aggravation.
And more.

Make Commercial Finance Advisor's Inc a part of your team. We have the experience, expertise and contacts to get your medical loan CLOSED. Get started on your medical office financing now by filling out our brief Pre Approval form.

248 885-8797

Overview of Underwriting Parameters for Physician Loans, Health Care Financing

We discuss general underwriting parameters for medical building financing in this section.

Borrowers evaluating medical office building loans have some of the best finance options available in the market. This is a broad category and finance options/potential structures vary widely based on such factors as loan amount, owner occupied or investment, strength of owner, cash flow, liquidity, etc. In addition, the type of office building itself, dictates options as well. For example, a commercial condo loan will differ from a medical office building or nursing facility.

Health Care Property Loans - Loan To Value

Loan to value restrictions range widely for medical practitioners from 120% to 65%. For example, conventional loans (bank loans not backed by the government) are normally capped at 75% on a rate and term refinances and 65% loan to value on cash out refinances. With the backing of government programs such as the SBA, 90% financing is available on refinances. Note, we are experts at both the SBA 7a loan, SBA 504 loan as well as the USDA B & I loan program.

Recent Medical
Loan Related
Articles:

On purchase transactions LTV restriction will be as high as 90% financing with SBA business loans. We have access, to several lenders that will bring finance level to above and beyond real estate/purchase price, as well. These programs are only available to medical practitioners, and can go up to 120% LTV. We also have the ability to roll in equipment and lines of credit/working capital into these loans.

Doctor Loans - DCR

Debt Service Coverage Ratio restrictions are typically set at 1.2 for doctors. Meaning that for every $1.20 of net income (income after all expenses, taxes, insurance etc have been paid) the property/practice produces, the mortgage payment will not exceed $1.00. Said in another way, after all expenses and the mortgage has been paid, the owner will need to net $.20 to qualify.

Many exceptions are made with this rule for medical practitioners. For example, projection loans are common within this segment, that can off set any negative trends or lack of current cash-flow. Also note that the our SBA 7a Loans will allow projections as well as DSCR as low as .8.

Health Care Financing - Property Analysis

Market value of the medical office building itself is important and will be evaluated and compared to the similar properties in the area. Age, appearance, location, accessibility, and local market conditions, as well as other factors are considered.

Physician Loans - Credit Worthiness

The personal credit worthiness and scores of the borrower will be scrutinized. 680 credit score is normally the minimum for the best physician loan programs. Exceptions can be made on this as well with some conventional lenders considering scores as low as 640. SBA loans can go below 600 as well. The overall strength of the borrower, cash flow, liquidity, and LTV can offset concerns on low credit scores.

We have some of the best medical financing loan options in the market today. Get meaningful answers now by getting pre approved.

Other Medical Financing

Commercial Real Estate Loans