|
CONSTRUCTION
LOANS
On a typical construction loan we can provide the following
terms*
| Amount:
|
Greater
than $3 million. |
| Loan
to Value: |
Maximum
of 85%. |
| Interest
Rate: |
Aggressive Rates and Terms - Based on current market
conditions |
| Location:
|
Nationwide.
|
Required
Information
In
order for us to review a construction loan we need all of
the items listed on the general information requested page,
plus the requirements listed under the specific property type
on the mortgage page.
In
addition, there is information specific to a construction
project that must be reviewed:
 |
Detailed
cost breakdown, Including cost basis |
|
Financial Statements |
|
Site
Plan and Map |
|
Developer's
list of completed projects and resume |
|
Breakout
of out-of-pocket costs to date |
*
Please review our disclaimer.
**
The actual rate available to your transaction can vary, these
figures are provided for general purposes only.
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