Construction Financing


We can typically lend either up to 75% loan to cost (how much it takes to build) or 70% loan to value; the lower of the two. Additional finance can be arranged via mezzanine financing. As a rule of thumb, there is no pure 100% finance on construction.
If you own property or land or have a small mortgage left, you have a great deal of equity. We can provide 100% finance on construction if there is equity in the land. For example, land worth $5M and need $10MM. Total project cost is $15MM (land + construction) $10MM/$15MM = 67 LTC. Construction loan for us, more listing for you.
Renovation is very similar to construction loan while tenant improvement will rely heavily on the tenant income since tenant improvement is lose once the lease is up.