Unlock The Capital You Need To Expand Your Real Estate Investor Vision
COMMERCIAL LENDING - PROJECT DEVELOPMENT
For Developers:
Commercial Lending
Real Estate Development
Loan Purpose:
Provide financing for commercial property construction or renovation. We offer tailored funding, flexible terms, competitive rates and disbursements tied to project milestones, aiding developers in executing their plans
Property Type:
Residential Single Family, 2-4 unit/Townhomes/Condominiums
Lot Acquisition and Build out costs Associated with Project
Loan Amount:
Project for Multi Unit Development: $100M - $500M
Loan Types: Loan Type:
Fixed Rate IO - 30-Yr Fixed Rate Mortgage (Fully Amortizing)
- 5/1, 7/1 And 10/1 Hybrid ARMs
(Partial IO Or Fully Amortizing)
Maximum Loan to Cost Maximum Loan to Cost
90% of Purchase Only LTV Limits Apply If Owned >90 Days
100% of Rehab Costs
Maximum Loan to Value Maximum Loan To Value
75% ARV 75% As-Is: US Citizens And Permanent Residents
70% As-Is: Non-Permanent Resident Aliens
65% As-Is: Foreign Nationals
Minimum Debt Service Coverage Ratio Minimum Debt Service Coverage Ratio
1.25x
Term Length Term Length
Up to 18 months 30 Years
Recourse Recourse
Full Recourse Full Recourse OR
Non Recourse with Pledge of Equity