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Construction

Loans for developers seeking a personalized and tailored service, competitive rates and quick closings. 

Current Estimated Weekly Funding Draw Time:

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Condo Development

Loans for shovel-ready lots or teardown projects; mid-construction projects that need refinancing; and projects requiring release clauses on units sold.

  • Up to 80% loan to cost & 70% loan to appraised value
  • Term: 3-12 months
  • Loan range: $500K - $6M
  • Interest only – payment only on funds drawn
  • Quick fund draws – within 5 days

Rental Properties

Fast and simple closings on both construction and rental loans for developers seeking to construct a property for long-term hold as a rental.
  • Up to 80% loan to cost & 70% loan to appraised value
  • Term: 3-12 months
  • Loan range: $500K - $6M
  • Interest only – payment only on funds drawn
  • Quick fund draws – within 5 days

Inventory Loans

Loans for unsold condo units with fundamental market value in new developments with slower-than-expected sales.

  • Up to 80% loan to cost & 70% loan to appraised value
  • Term: 3-12 months
  • Loan range: $500K - $6M
  • Interest only – payment only on funds drawn
  • Quick fund draws – within 5 days

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