Construction Loans

Venture Capital FinancingConstruction Loans
Developmental Loans
Custom Construction Financing

Our construction Lending Department continues to be the largest division in our Company! Custom Construction Financing has maintained a solid reputation for supporting commercial construction and real estate lending for years.

 

We have tailored our loan programs to fit the various needs of the single family home builder as well as seasoned home developers.

 

Our loan programs include:

 

Spec Construction:
Loans needed to build homes for resale or investment purposes.

 

Custom Construction:
Mortgage loans made to qualified builders where the builder has a bona-fide contract from a homebuyer to purchase when construction is completed property.

 

Owner/Builder Construction:
Loans made to land owners who want to build their own house.

 

Tear – Downs:
Loans made to purchase older homes with the intent of tearing down the existing structure and building a new home. An approved general contractor must be used.

 

Rehab & Major Renovation Loans:
Loans are made to approved general contractors to make major repairs, additions or other major improvements to their properties.

 

We offer a variety of financing programs; each tailored to meet the specific requirements of both the individual homeowner and builder.

 

Financing Programs available are:

 

· Builder Construction Loans

· Construction-to-Permanent Loans

· OTC Loans (One Time Close)

· Land Acquisition Loans

· Investment Property Loans

· Land Development Loans

· Subdivision Loans

· Bridge Loans / Blanket Loans

· Building Construction / Commercial Real Estate Loans

 

Some of our financing advantages include:

 

1. We are fast, efficient, flexible, and creative

2. We offer a wide variety of lending options

3. We can simplify the paperwork by paying contractors’ bills (at no cost to the borrower) within 48 hours of receipt of invoice

4. We offer an interest-only option for the builder for the initial construction period

5. We work hard to create competitive financing options to satisfy your project goals

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Offering Custom Construction Financing

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