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Seeing Senior Housing Healthcare Loan From Lender’s Perspective Can Prove Helpful

 

“Preparedness is an important concept.”


When applying for a senior housing/healthcare mortgage loan, no one is expected to be a mind-reader. But the process progresses more smoothly when borrowers anticipate - and make an effort to understand - what their lender’s needs will be.

Cambridge Chairman Jeffrey A. Davis points out that lenders are always hopeful that borrowers will communicate their needs and describe their situation in a clear and concise manner, using specific examples as appropriate. But he acknowledges there may be times when less can be more.   

To read the whole article, visit our blog, or learn more about all of our services. Questions? Comments? Want to discuss something… Call us today at 312-357-1601.
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