Apply for Pennsylvania Assisted Living Facility Financing

Ready to finance your Pennsylvania assisted living facility? Whether you're acquiring an existing Personal Care Home, building new, refinancing, or expanding, Jaken Finance Group offers specialized financing solutions tailored to Pennsylvania's market.

Financing Options for Pennsylvania ALFs

Loan Programs Available

What We Finance

• ✅ Acquisitions - Purchase existing facilities
• ✅ New Construction - Ground-up development
• ✅ Refinancing - Improve terms, cash-out equity
• ✅ Expansions - Add beds, memory care wings
• ✅ Renovations - Major improvements
• ✅ Working Capital - Operational needs

Pennsylvania Markets We Serve

Statewide Coverage

Loan Requirements

Borrower Qualifications

Property Requirements

Application Process

Step 1: Initial Consultation

Contact us to discuss your project:

• Property details
• Financing needs
• Timeline requirements
• Preliminary qualification

Step 2: Document Submission

Provide required documentation:

For Acquisitions:

• Purchase agreement
• 3 years seller financials
• Current rent roll
• Property information

For Refinancing:

• Current loan documents
• 3 years facility financials
• Current rent roll
• Property condition info

For Construction:

• Project plans and budget
• Market feasibility study
• Development team info
• Site information

Step 3: Underwriting

Our team analyzes:

• Financial performance
• Market conditions
• Property value
• Borrower strength

Step 4: Approval & Closing

• Receive loan commitment
• Complete due diligence
• Close and fund

Required Documents Checklist

Business Documents

• [ ] Business plan (acquisitions/new construction)
• [ ] 3 years business tax returns
• [ ] Year-to-date financial statements
• [ ] Accounts receivable aging
• [ ] Accounts payable aging
• [ ] Current rent roll
• [ ] Historical occupancy data
• [ ] DHS license and inspection reports
• [ ] Management agreement (if applicable)

Personal Documents

• [ ] Personal tax returns (3 years)
• [ ] Personal financial statement
• [ ] Resume/CV
• [ ] Photo ID

Property Documents

• [ ] Purchase agreement (acquisitions)
• [ ] Current loan documents (refinancing)
• [ ] Property photos
• [ ] Site plan
• [ ] Building plans (construction)

Timeline Expectations

Typical Closing Timelines

Factors Affecting Timeline

• Completeness of documentation
• Property condition and compliance
• Appraisal and environmental timing
• Title and legal review
• Borrower responsiveness

Why Choose Jaken Finance Group?

Our Expertise

• Specialized focus on assisted living and senior care
• Pennsylvania market knowledge across all regions
• Multiple lending programs for every situation
• Experienced team with healthcare finance background
• Streamlined process for faster closings

Our Commitment

• Transparent communication throughout
• Competitive rates and terms
• Creative solutions for complex situations
• Long-term partnership approach
• Ongoing support after closing

Frequently Asked Questions

How much can I borrow?

Loan amounts depend on property value, cash flow, and borrower qualifications. SBA loans cap at $5-5.5 million, while HUD 232 has no maximum.

What down payment is required?

Down payments range from 10-30% depending on loan program:

• SBA: 10-15%
• HUD 232: 15-25%
• Conventional: 20-30%

Do I need industry experience?

Experience is preferred for most programs and required for HUD 232. First-time buyers can qualify with SBA loans, especially with a strong management team.

How long does approval take?

Approval timelines range from 2 weeks (bridge loans) to 6 months (HUD 232). SBA loans typically take 6-12 weeks.

Can I finance a facility that needs improvements?

Yes. Bridge loans, SBA loans, and HUD 232 substantial rehabilitation programs can finance value-add acquisitions.

Current Market Rates (2026)

Rates as of January 2026. Subject to change.

Ready to Get Started?

Three Ways to Apply

1. Online Application Submit your scenario through our secure online portal for the fastest response.

Submit Online →

2. Phone Consultation Speak directly with a financing specialist about your project.

3. Email Inquiry Send your project details for a preliminary review.

Related Pennsylvania ALF Resources

• Pennsylvania ALF Loans Overview
• SBA Loans for Pennsylvania ALFs
• HUD Loans for Pennsylvania Senior Care
• Pennsylvania ALF Construction Loans
• Pennsylvania ALF Refinancing Options