Apply for Georgia Assisted Living Facility Loan
Ready to finance your Georgia assisted living facility? Whether you're acquiring an existing Personal Care Home in Atlanta, building new in the suburbs, or refinancing a Savannah operation, Jaken Finance Group offers specialized financing solutions for Georgia ALF operators and investors.
Start Your Georgia ALF Loan Application
Get pre-qualified in as little as 24 hours. Competitive rates and flexible terms available.
Apply Now →Georgia ALF Financing Programs
Available Loan Programs
| Program | Loan Amount | Down Payment | Best For |
|---|---|---|---|
| SBA 7(a) | Up to $5M | 10-15% | Acquisitions, refinancing |
| SBA 504 | Up to $5.5M | 10% | Real estate, expansion |
| HUD 232 | $2M+ | 15% | Large facilities, new construction |
| Conventional | $1M-$20M | 20-30% | Experienced operators |
| Bridge Loans | $500K-$12M | 25-35% | Quick closings, turnarounds |
Current Georgia Market Rates (2026)
| Loan Type | Rate Range | Term |
|---|---|---|
| SBA 7(a) | Prime + 1.5-2.75% | Up to 25 years |
| SBA 504 | 5.5-6.5% (CDC portion) | 20-25 years |
| HUD 232 | 5.5-6.5% | 35-40 years |
| Conventional | 6.5-8.5% | 5-10 years |
| Bridge | 9-12% | 1-3 years |
Rates as of January 2026, subject to change
Loan Application Requirements
Basic Eligibility
To qualify for Georgia ALF financing, you typically need:
- Credit score: 680+ preferred (some programs accept lower)
- Experience: Healthcare or business management background
- Down payment: 10-30% depending on program
- Debt service coverage: 1.15x-1.25x minimum
- DCH licensing: Current or obtainable license
Required Documentation
Business Documents:
- [ ] Business plan with financial projections
- [ ] 3 years business tax returns (if existing business)
- [ ] Year-to-date profit & loss statement
- [ ] Balance sheet
- [ ] Accounts receivable/payable aging
- [ ] Current rent roll and occupancy data
- [ ] DCH license and recent inspection reports
Personal Documents:
- [ ] Personal financial statement
- [ ] 3 years personal tax returns
- [ ] Resume/CV demonstrating relevant experience
- [ ] Photo ID
Property Documents:
- [ ] Purchase agreement (for acquisitions)
- [ ] Property information (address, size, beds)
- [ ] Recent appraisal (if available)
- [ ] Environmental reports (if available)
- [ ] Lease agreements (if applicable)
Not Sure What You Need?
Our team will guide you through the documentation requirements.
Get Started →Application Process
Step 1: Initial Consultation (Day 1)
What happens:
- Discuss your financing needs and goals
- Review your experience and qualifications
- Identify the best loan program for your situation
- Outline documentation requirements
- Provide preliminary rate and term estimates
What you need:
- Basic information about the property/project
- Your background and experience
- Estimated loan amount needed
- Timeline for closing
Step 2: Pre-Qualification (Days 2-5)
What happens:
- Submit initial documentation
- Credit review and analysis
- Preliminary underwriting assessment
- Pre-qualification letter issued
What you need:
- Personal financial statement
- Business financials (if applicable)
- Property information
- Authorization for credit check
Step 3: Full Application (Days 5-15)
What happens:
- Complete loan application package
- Order third-party reports (appraisal, environmental)
- Detailed underwriting review
- Lender questions and clarifications
What you need:
- All required documentation
- Responsive communication
- Additional information as requested
Step 4: Approval and Commitment (Days 15-45)
What happens:
- Final underwriting review
- Loan committee approval
- Commitment letter issued
- Terms and conditions finalized
What you receive:
- Formal loan commitment
- List of closing conditions
- Estimated closing costs
- Timeline to closing
Step 5: Closing (Days 45-60)
What happens:
- Satisfy all commitment conditions
- Final document preparation
- Title and legal review
- Loan closing and funding
What you need:
- Funds for down payment and closing costs
- Signed loan documents
- Insurance certificates
- Any remaining conditions
Georgia-Specific Considerations
DCH Licensing
Your loan approval will consider:
- Current DCH license status
- Recent inspection results
- Any citations or violations
- Compliance history
- License transferability (for acquisitions)
Regional Market Factors
Atlanta Metro:
- Highest property values support larger loans
- Strong occupancy rates favor approval
- Multiple lender options available
- Premium rates justify investment
North Atlanta Suburbs:
- Premium market with excellent fundamentals
- Strong lender interest
- Best financing terms in state
- Expansion financing readily available
Savannah/Coastal:
- Growing market attracts lender interest
- Moderate property values
- Good SBA program fit
- Tourism economy considerations
Secondary Markets (Augusta, Macon, Columbus):
- Lower property values affect loan amounts
- Community banks may offer best terms
- CCSP program important
- Stable, predictable markets
Financing Scenarios
Scenario 1: First-Time Buyer Acquisition
Profile:
- Healthcare administrator with 12 years experience
- Acquiring 50-bed facility in Atlanta suburbs
- Purchase price: $6.5 million
- Limited capital: $550,000 available
Recommended Program: SBA 7(a)
| Details | |
|---|---|
| Purchase Price | $6,500,000 |
| Loan Amount | $5,850,000 (90%) |
| Down Payment | $650,000 (10%) |
| Interest Rate | Prime + 2.25% |
| Term | 25 years |
| Monthly Payment | ~$40,000 |
Scenario 2: Experienced Operator Expansion
Profile:
- Current operator with 2 Georgia facilities
- Building new 55-bed memory care
- Total project cost: $14 million
- Strong financials and track record
Recommended Program: HUD 232
| Details | |
|---|---|
| Project Cost | $14,000,000 |
| Loan Amount | $11,900,000 (85%) |
| Borrower Equity | $2,100,000 (15%) |
| Interest Rate | 5.70% fixed |
| Term | 40 years |
| Monthly Payment | ~$61,000 |
Scenario 3: Refinancing for Cash-Out
Profile:
- Own 55-bed facility in Savannah area
- Current loan balance: $2.5 million
- Property value: $4.5 million
- Need $600,000 for renovations
Recommended Program: Conventional Refinance
| Details | |
|---|---|
| Property Value | $4,500,000 |
| New Loan Amount | $3,375,000 (75%) |
| Payoff Existing | $2,500,000 |
| Cash-Out | $875,000 |
| Interest Rate | 6.5% fixed |
| Term | 10 years, 25-year amortization |
Why Choose Jaken Finance Group?
Georgia ALF Expertise
- Deep market knowledge - Understanding of Atlanta, Savannah, and secondary markets
- DCH familiarity - Experience with Georgia regulatory requirements
- Local relationships - Connections with Georgia-based lenders
- Track record - Successful closings across the state
Financing Advantages
- Multiple programs - Access to SBA, HUD, conventional, and bridge options
- Competitive rates - Leverage our lender relationships
- Fast processing - Streamlined application and approval
- Expert guidance - Support throughout the process
Client Support
- Dedicated advisor - Single point of contact
- Responsive communication - Quick answers to your questions
- Transparent process - Clear expectations and timelines
- Ongoing relationship - Support beyond closing
Frequently Asked Questions
How long does the loan process take?
Typical timelines:
- SBA 7(a): 45-90 days
- SBA 504: 60-90 days
- HUD 232: 4-9 months
- Conventional: 30-60 days
- Bridge: 2-4 weeks
What credit score do I need?
Most programs prefer 680+, but we have options for scores as low as 620 with compensating factors like strong cash flow or significant equity.
Can I finance a facility without healthcare experience?
Yes, but you'll likely need to partner with an experienced operator or hire qualified management. Lenders want to see operational expertise.
Do I need a down payment?
Yes, minimum down payments range from 10% (SBA) to 30% (some conventional). We can help structure financing to minimize your cash requirement.
Can I finance multiple facilities?
Absolutely. We offer portfolio financing and can structure loans for multi-facility acquisitions or operations.
Ready to Apply?
Start Your Application Today
Three Easy Ways to Begin:
1. Online Application Complete our secure online form to get started immediately. Apply Online →
2. Schedule a Consultation Speak with a Georgia ALF financing specialist. Schedule Call →
3. Email Your Scenario Send your project details for a quick assessment. Email: info@jakenfinancegroup.com
Related Georgia ALF Resources
- Georgia ALF Loans Overview
- SBA Loans for Georgia ALFs
- HUD Loans for Georgia Senior Care
- Georgia ALF Success Stories
Get Your Georgia ALF Financing Started
Jaken Finance Group is ready to help you achieve your assisted living investment goals.
Apply Now →Disclaimer: Loan approval subject to credit review, property evaluation, and program requirements. Rates and terms vary based on borrower qualifications and market conditions. This is not a commitment to lend. All financing provided by Jaken Finance Group, subject to approval.