Construction & Development Loans
Interest Rate: From 7.5% - 9.0%
Single Family, Multifamily, Commercial, and Industrial Properties
Our Construction Loan is designed for the purchase of permit ready lot(s) with a construction budget. We finance both the acquisition and vertical construction all at once.
Have a Build-to-Suit project? No problem – we can handle even the most complex build-to-suit project.
Our Development Loan is designed for the purchase of development ready lot(s) with a horizontal budget. We finance both the acquisition and horizontal development all at once.
We can customize loans to meet your specific needs.
- Single Family Residence (Investment Property Only)
- Office, Industrial, Retail
- Entitled Land Only
- Interest Rate: Starting at 7.5%
- Loan Amounts: $1,000,000 to $10,000,000+
- Loan to Value: up to 65%
- Loan to Cost: up to 80%
- Land Development Loans – Max 50% LTV
- Loan Terms: 12 to 24 months (extensions available)
If you need to purchase a property quickly but are not ready for a commercial loan we’ll provide the acquisition loan, and when you are ready you can convert it to a commercial loan. We’ll give credit for the unused fees paid on the acquisition loan.