Apply for California Assisted Living Facility Loan
You're one step away from securing financing for your California assisted living facility. Whether you're acquiring an existing RCFE, building a new facility, refinancing your current property, or expanding your operations, Jaken Finance Group is ready to help you achieve your goals.
Start Your California ALF Loan Application
Get pre-qualified in minutes. Our California financing specialists will contact you within 24 hours.
Apply Now →Free consultation • No obligation • Fast response
Why Apply with Jaken Finance Group?
California Market Expertise
Jaken Finance Group has extensive experience financing assisted living facilities throughout California, from San Diego to Sacramento. We understand the unique challenges of the California market:
- High property values requiring creative financing structures
- Complex RCFE regulations and licensing requirements
- Regional market variations across the state
- Competitive acquisition environment requiring fast closings
Comprehensive Loan Options
We offer the full spectrum of ALF financing solutions:
| Loan Type | Best For | Typical Terms |
|---|---|---|
| SBA 7(a) | First-time operators, smaller facilities | Up to $5M, 10-15% down, 25-year terms |
| HUD 232 | Larger facilities, experienced operators | Non-recourse, 35-40 year fixed |
| Conventional | Quick closings, strong borrowers | 65-75% LTV, 5-10 year terms |
| Bridge | Time-sensitive acquisitions, value-add | 12-36 months, fast closing |
| Construction | New development, major renovations | 65-80% LTC, 18-36 months |
Proven Track Record
- $500+ million in ALF loans closed nationwide
- $150+ million in California transactions
- 95%+ approval rate for qualified borrowers
- 45-60 day average closing time
- Hundreds of satisfied California clients
California ALF Financing at a Glance
Current Market Rates (January 2026)
| Loan Type | Rate Range | Notes |
|---|---|---|
| SBA 7(a) | 9.50-10.25% | Prime + 2.25-2.75% |
| HUD 232 | 5.25-6.00% | Fixed for 35-40 years |
| Conventional | 7.50-9.00% | Varies by lender |
| Bridge | 10.00-13.00% | Short-term |
Rates subject to change based on market conditions and borrower qualifications
Loan Amount Ranges
| Facility Size | Typical Loan Range |
|---|---|
| Small RCFE (6-15 beds) | $500,000 - $3,000,000 |
| Medium RCFE (16-50 beds) | $3,000,000 - $12,000,000 |
| Large RCFE (50+ beds) | $10,000,000 - $50,000,000+ |
Down Payment Requirements
| Loan Type | Down Payment |
|---|---|
| SBA 7(a) | 10-15% |
| HUD 232 | 10-15% |
| Conventional | 25-35% |
| Bridge | 20-30% |
What You'll Need to Apply
Basic Information
To get started, have the following information ready:
About You
- [ ] Full legal name and contact information
- [ ] Social Security Number (for credit check)
- [ ] Current address and housing status
- [ ] Employment/business history
About Your Project
- [ ] Property address or general location
- [ ] Facility size (number of beds)
- [ ] Purchase price or project cost
- [ ] Loan amount requested
- [ ] Timeline for closing
About Your Experience
- [ ] Healthcare/senior care background
- [ ] Business ownership experience
- [ ] Current ALF ownership (if any)
Documentation (For Full Application)
After initial pre-qualification, you'll need:
Personal Documents
- Personal financial statement
- Tax returns (2-3 years)
- Bank statements (2-3 months)
- Resume highlighting relevant experience
Business Documents (if applicable)
- Business tax returns (2-3 years)
- Year-to-date financial statements
- Entity documents (Articles, Operating Agreement)
Property Documents
- Purchase agreement (for acquisitions)
- Property financials (for existing facilities)
- Business plan (for new operators)
- Construction plans (for development)
The Application Process
Step 1: Submit Your Scenario
Time: 5 minutes
Click the button below to submit your basic information. Our team will review your scenario and contact you within 24 hours.
Step 2: Initial Consultation
Time: 30-60 minutes
A California ALF financing specialist will:
- Discuss your goals and timeline
- Review your qualifications
- Explain available loan options
- Provide preliminary terms
- Outline next steps
Step 3: Pre-Qualification
Time: 1-2 weeks
Upon receiving your documentation:
- Credit review
- Preliminary underwriting
- Term sheet or letter of intent
- Identification of any issues to address
Step 4: Full Application
Time: 2-4 weeks
With accepted terms:
- Complete loan application
- Order appraisal and third-party reports
- Full underwriting review
- Loan approval
Step 5: Closing
Time: 1-2 weeks
Final steps:
- Clear closing conditions
- Review and sign documents
- Fund the loan
- Celebrate your new facility!
Total Timeline
| Loan Type | Typical Timeline |
|---|---|
| Bridge | 2-4 weeks |
| Conventional | 30-60 days |
| SBA 7(a) | 60-90 days |
| HUD 232 | 90-180 days |
Frequently Asked Questions
How quickly can I get pre-qualified?
Initial pre-qualification feedback is typically provided within 24-48 hours of submitting your scenario. Full pre-qualification with a term sheet takes 1-2 weeks depending on documentation completeness.
What credit score do I need?
Most California ALF loans require a minimum credit score of 680. Some SBA lenders may work with scores as low as 650. Higher scores (720+) typically result in better rates and terms.
Can I apply if I have no ALF experience?
Yes! While experience is preferred, first-time operators can qualify for financing, particularly SBA 7(a) loans. We'll discuss strategies to strengthen your application, such as partnering with experienced operators or hiring experienced management.
What if my facility has low occupancy?
Low occupancy doesn't automatically disqualify you. Bridge financing and certain conventional loans can accommodate transitional properties. We'll evaluate your situation and recommend appropriate options.
Is there a fee to apply?
There is no fee for initial consultation and pre-qualification. Application fees (if any) are disclosed upfront before you commit to proceeding.
Can you help with facilities outside California?
Absolutely! Jaken Finance Group finances assisted living facilities in all 50 states. View all state guides →
California-Specific Resources
Before applying, you may find these resources helpful:
Financing Guides
- California ALF Loans Overview
- SBA Loans for California ALFs
- HUD Loans for California Senior Care
- California ALF Construction Loans
- California ALF Refinancing Options
Market Information
City-Specific Guides
Success Stories
"From Application to Keys in 45 Days"
"I was nervous about financing my first RCFE in the Bay Area. Jaken Finance Group walked me through every step, secured an SBA loan with great terms, and we closed in just 45 days. Their California expertise made all the difference."
— Jennifer L., First-Time RCFE Owner, San Francisco Bay Area
"Non-Recourse Financing for Our Portfolio"
"We needed to refinance three facilities in Southern California and wanted non-recourse debt. Jaken Finance Group structured a HUD 232 portfolio loan that exceeded our expectations. The 35-year fixed rate transformed our cash flow."
— David M., Portfolio Owner, Los Angeles
"Construction Financing Made Simple"
"Building a new memory care facility in San Diego seemed overwhelming until we partnered with Jaken Finance Group. They structured our construction loan perfectly and helped us convert to permanent financing upon completion."
— Maria S., Developer, San Diego
Ready to Get Started?
Your California assisted living facility financing journey begins with a single step. Submit your scenario today and discover your options.
Apply for Your California ALF Loan Now
Join hundreds of successful California ALF operators who have secured financing through Jaken Finance Group.
Prefer to Talk First?
If you'd like to speak with a California ALF financing specialist before applying:
Phone: Contact Jaken Finance Group directly
Email: Available through jakenfinancegroup.com/contact
Schedule: Book a consultation
Our team is available Monday-Friday, 8am-6pm Pacific Time.
Alternative Contact Methods
Trusted by California ALF Operators
- 500+ Loans Closed Nationwide
- 150+ California Transactions
- 95%+ Approval Rate
- A+ BBB Rating
- 4.9/5 Client Satisfaction
Disclaimer: This page is for informational purposes only and does not constitute a loan commitment or guarantee of financing. All loans are subject to credit approval, underwriting, and other conditions. Interest rates, terms, and availability may vary based on borrower qualifications, property characteristics, and market conditions. Jaken Finance Group is the financing provider; assistedlivingfacilityloans.com is an informational resource. California RCFE licensing and regulations are subject to change; consult with appropriate authorities for current requirements.