Construction and Rehab

Financing available for horizontal development, vertical construction, and substantial rehabilitation of multi-family and commercial properties.

Property Type: All Property Types Considered
Loan Minimum: $1,500,000
Loan – to – Value: 80% (Loan-to-Cost 85%)
DSCR: 1.15 – 1.25
Recourse: Full (Partial at Lower Loan-to-Cost)
Fixed Rate Period: Floating
Term: 1 – 3 Years
Amortization: Interest Only
Pre-payment Penalty: None
Interest Only: Yes
Special Programs: None