Non Recourse Single Family Construction Financing Program

Non Recourse single family housing construction financing program for development projects in California, Nevada, New Mexico, Oregon, Washington, Colorado, Utah, Arizona and Texas   loan amounts 8,000,000 and above. Pre-sales are NOT a requirement   but the land must be fully entitled and ready to begin construction with all approvals in place.  75% loan to cost  which means the principals have to be bringing in at least 25% of the total project costs into the deal. It is preferable that you own the land and that you own it free and clear but this is not a hard and fast rule.

Please email summary of loan request to Milford@commercialmortgagecap.com    and our website is www.commercialmortgagecap.com   

 

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