HUD 232 Loans for Florida Senior Care Facilities: Complete Guide
HUD 232 loans offer the most favorable financing terms for Florida assisted living facilities. With non-recourse terms and 35-40 year amortization, HUD 232 is the gold standard for senior care financing.
Interested in HUD 232 Financing for Your Florida Facility?
Jaken Finance Group is an experienced HUD 232 lender.
Get Your Free HUD Loan Quote →HUD 232 Loan Programs
Section 232 - Purchase/Refinance
| Feature | Details |
|---|---|
| Loan-to-Value | Up to 80% |
| Term | Up to 35 years |
| Non-Recourse | Yes |
Section 232 - New Construction
| Feature | Details |
|---|---|
| Loan-to-Cost | Up to 80% |
| Term | Up to 40 years |
| Non-Recourse | Yes |
HUD 232 Eligibility
Property Requirements
| Requirement | Details |
|---|---|
| Facility type | Licensed ALF or SNF |
| Minimum size | Typically 50+ beds |
| Occupancy | 85%+ stabilized |
| Licensing | Current Florida license |
Not Sure If Your Facility Qualifies?
Our HUD specialists can evaluate your property.
Check Your Eligibility →HUD 232 Rates (2026)
| Component | Rate/Amount |
|---|---|
| Base interest rate | 5.0-6.0% |
| Mortgage Insurance Premium | 0.65% annually |
| All-in rate | 5.65-6.65% |
Application Timeline
| Phase | Duration |
|---|---|
| Pre-application | 4-8 weeks |
| Application | 4-6 weeks |
| HUD review | 8-16 weeks |
| Closing | 4-6 weeks |
| Total | 6-10 months |
HUD 232 Benefits for Florida
Key Advantages
- Non-recourse - No personal liability
- Long terms - Up to 40 years
- High leverage - Up to 80% LTV
- Fixed rate - Rate locked for full term
Florida Market Benefits
- Strong property values
- High occupancy rates
- Growing senior population
- No state income tax
Related Florida ALF Resources
Ready to Explore HUD 232 Financing?
Jaken Finance Group is your trusted HUD 232 lender for Florida senior care facilities.
Get Your Free HUD Loan Quote →Disclaimer: This information is for educational purposes only. All financing provided by Jaken Finance Group, subject to HUD and lender approval.