New Construction Loan

[Doug Braxton]

The New Construction Loan is for shovel ready projects seeking construction capital to go vertical. Finance up to 100% of construction cost. Available for multifamily, commercial, office, industrial and residential development projects. For projects requiring a start to finish solution, an AD&C product is available. Secure maximum leverage via an after completion value. The process is fast and efficient for experienced sponsors.

Key Points:

• No Upfront Lender Fees
• Up to 100% of Construction Cost
• Experienced Sponsors Preferred 
• A Clear Exit Strategy is Required

General Terms:

• $2 million - $25 million+
• LTC: up to 100%
• ACV: up to 65%
• Rate: Fixed Rate
• Interest: from 10.00%
• Term: 1-3 years 
• Interest Only Loan
• No PPP

Purpose:

• Vertical Construction (shovel ready)
• Acquisition, Development and Construction (available)

Collateral:

• Multifamily 5+ units
• Commercial
• Office
• Industrial
• Residential Developments

Contact me to discuss your scenario or for additional information.
No Upfront Fee!

-- 
Doug Braxton
Commercial Mortgage Broker
Braxton and Company, LLC
P: [phone]
www.braxtonandcompany.com | www.1-4investor.com