Loan Programs


Acquisition or Refinance

The HUD 242/223f program provides refinance and acquisition financing for acute care hospitals – including Critical Access Hospitals - nationwide.

There is no maximum loan amount; and properties are eligible for a 90% loan-to-value ratio (i.e., can borrow up to 90% of the estimated replacement cost of the project). The costs of new capital projects (i.e., construction and/or equipment) may be included in the loan, provided they are less than 20% of the loan amount, however there is no cash-out.

Creative Solutions

We are a direct lender, not a broker or intermediary. 
Each loan is underwritten by experienced healthcare professionals who understand both the challenges facing healthcare providers and potential market opportunities.

We realize that there are many financial terms and conditions, such as loan to values, debt coverage ratios, and prepayment issues that a borrower needs to fully understand prior to determining the best option. We invite you to call us, we will prepare a free financial analysis which clearly outlines all your options. Bedford Lending does not charge up-front or prorated fees, we only receive our mortgageable finance fee upon successful closing.


  • 25 Year Fixed Rate
  • Non-Recourse
  • Assumable
  • Declining Prepayment