Community Living loans provide financing for small, community-based group homes for children and adults with disabilities who are unable to live independently, including mental or physical disabilities.
Lender Benefits
- Reach new markets
- Borrower may be an individual, a nonprofit or for-profit corporation, or a public agency
- Offer more attractive LTV than for standard investor-owned properties
Consumer Benefits
- Up to 90% LTV
- Cash-out refinance to fund rehabilitation
- 10-, 15-, 20-, 25-, or 30-year terms