Graco Mortgage is an independently owned financial advisory firm with a speciality focus on providing construction and permanent financing to hospital providers and facilities nationwide. We work directly with FHA/HUD and USDA lenders and we offer the broadest range of hospital financing solutions available.
Our staff is comprised of senior healthcare professionsl who have extensive experience in public finance, hospital credit analysis, health care consulting, mortgage banking, economics and law. In addition to our core hospital financing programs. Graco Mortgage funds FHA loans for assisted living, skilled nursing facilities, and senior housing properties. We start each process by assessing our client's financing needs and then prepare a financial analysis that clearly outlines all options.
Eligible Properties:
Acute Care
Critical Access
Specialty Hospitals
Large Urban Teaching Hospitals
Hospitals in System
For-Profit, Not-For-Profit, and Government - Owned Hospitals
Skilled Nursing, Assisted Living, Res. Care (in conjunction with critical asscess hospitals)
Finance Options:
Construction or remodeling
Expansion
Modernization
Equipment
Refinancing (Now offering 100% financing)
Acquisitions
| Programs |
LTV |
Type of Hospital |
HUD 242 |
90% |
Acute Care or Critical Access |
| USDA Community Facilities Program |
90% |
Critical Access or Community |
| Rated and Non-Rated Bonds |
90-100% |
All |
| HUD 241 |
90% |
Acute Care or Critical Access |
| Rural Development Bonds |
90-100% |
Critical Access or Community |