CONSTRUCTION LOANS
The following loan program is designed to cover the cost of construction before obtaining long-term funding.
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Loan Amount $5M-$100M
Interest Rate Starting 7.99%
Loan Term 18-36 months + Extensions
Amortization Interest Only
Security First Mortgage Lien or Trust Deed
Loan-to-Value Up to 65% of As-Is Value
Loan-to-Cost Up to 75%
Origination/
Exit Fees 2-4%
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Recourse Non-Recourse Available
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Borrower/
Guarantor No min. liquidity re’d, asset-based loans only
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Location Inner City Infil & Developed Suburbs Only
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Loan Type Pre-development to Construction, Acquisition, Refi
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Geo Focus Nationwide & Canada