Loan Programs
RCFE Loan Programs
Flexible financing solutions designed exclusively for residential care facility owners — from first acquisition to portfolio expansion.
RCFE Purchase Loans
Acquire your next licensed residential care facility with financing built around how RCFEs actually operate — not generic commercial real estate underwriting.
Program Details
- Underwriting based on facility operational income and census history
- Financing available for licensed and pre-licensed facilities
- Single-facility and portfolio acquisitions considered
- Competitive fixed and adjustable rate options
- Experienced team familiar with RCFE licensing and DSS requirements
Eligibility
- Active RCFE license or pending license transfer
- No direct RCFE operating experience required
- Down payment or equity in real estate
- Borrower credit score 620+
RCFE Refinance Loans
Lower your rate, access equity, or restructure your debt — with lenders who understand RCFE cash flow, Medi-Cal reimbursements, and licensing transitions.
Program Details
- Rate-and-term refinance to reduce monthly debt service
- Cash-out refinance to fund renovations, expansions, or new acquisitions
- Streamlined documentation for established licensed operators
- No prepayment penalty options available
- Refinance out of hard money or bridge loans into permanent financing
Eligibility
- Active RCFE license in good standing
- Minimum 6 months ownership (exceptions for bridge-to-perm)
- Facility occupancy of 70%+ preferred
- Borrower credit score 680+
RCFE Bridge Loans
Short-term capital to move fast on acquisitions, fund renovations, or bridge a license transition — while your permanent financing is arranged.
Program Details
- Interest-only payment options to preserve cash flow
- Close fast — ideal for competitive acquisition situations
- Bridge through license transfers, ownership changes, or renovations
- Clear exit strategy to permanent financing supported
- Flexible prepayment — pay off early without penalty on most programs
Eligibility
- Active or pending RCFE license
- Viable exit strategy (refinance or sale) required
- Experienced RCFE operator preferred
- Borrower credit score 620+
Common Questions
Frequently Asked Questions
Do you lend on facilities that are not yet at full capacity?
Yes. We underwrite based on stabilized income potential and the operator's track record, not just current census. Facilities in lease-up or recovering from a census dip are evaluated on a case-by-case basis.
Can I finance a facility that is going through a license transfer?
Yes — this is one of our specialties. We understand the DSS license transfer process and can structure bridge financing to carry you through the transition to permanent financing once the license is in your name.
Do you lend on facilities that accept Medi-Cal residents?
Absolutely. We are experienced in underwriting facilities with mixed private-pay and Medi-Cal census. We know how to read Medi-Cal reimbursement rates and factor them into income analysis.
What documents will I need to apply?
Typically: Facility operating statements, current rent roll or census report, copy of RCFE license, and personal financial statement. We'll provide a complete checklist at the time of application.
Can I use a bridge loan to fund renovations?
Yes. Bridge loans can be structured to fund both the acquisition and a renovation budget, with draws released as work is completed. This is common for operators upgrading a facility before refinancing into permanent financing.
Ready to Get Started?
Tell us about your facility and financing goals. A specialist will follow up within one business day.