Residential Care Facilities for the Elderly (RCFEs)

Real estate financing for RCFEs

About four years ago, we started helping owners of 6-bed RCFEs purchase the properties where their businesses are located, as well as helping them expand their operations to additional properties. We understand the nature of RCFE businesses and can help guide owners through the entire process.

RCFE mortgage features

Below are the mortgage features we offer for financing Single Family Residences for RCFEs:

  • Only 10% down payment needed

  • Purchase your RCFE home with a 30 year, fixed-rate mortgage from an institutional lender (not hard money)

  • No tax returns needed

  • For California homes, we provide All-in-One Service: we will help you buy the home, get the loan and buy the existing RCFE business, as needed. Check with us for more information about other states.

  • Requires two or more years in business as a licensed RCFE, and a credit score of 650 (we can help you increase your credit score free of charge as part of the loan application process, if needed)

  • If you don’t have the down payment, we can help you explore your options

The specialized loans we provide are much easier to qualify for than an SBA loan, and they are cheaper than Hard Money Loans. Click here to schedule a Free Brainstorming Consultation.

“Alejandro is such a humble person. He helped me through every step of the loan process without making me feel like an incompetent person. He made me feel comfortable with the process, and he was very informative. He kept me up-to-date on everything, and he solved any little glitches that came up. ”

— Merilyn, Owner of 4 RCFEs

Knowledge & experience

Alejandro Szita has been solving out-of-the-box real estate problems for business owners since 2006. In 2022, his first RCFE client came to him, referred by a real estate agent. She wanted to buy her second RCFE home but couldn’t find a lender who would finance the transaction. He ended up finding the perfect mortgage solution for her and also helped her buy the RCFE business that was already in the house.

After this, Alejandro helped her buy another property and continued helping other RCFE owners. He understands the challenges and nature of RCFE business and enjoys helping owners navigate loan and real estate challenges so they can expand their business.

Get a Free Brainstorming Consultation

Get a no-charge, no-obligation Brainstorming Consultation by Zoom or in person (usually about 45-60 minutes). Alejandro will discuss your options, brainstorm with you, provide helpful advice and answer all your questions.

Call us at 310-294-9413 for a Free Brainstorming Consultation or schedule an appointment online.