A Boutique Commercial Lending Broker!
Lending services that can help your business grow
and succeed.
Explore the variety of commercial loans we specialize in, or get in touch with
us and find out how you can grow your business with Sequoia Lending.
Don't know where to start? No worries. Contact
us today and help us understand your project
needs by answering a few questions. We will reach
out right away.
A construction loan is a short-term loan that covers only the costs of custom home building or commercial property. This is different from a mortgage, and it’s considered specialty financing. Once the property is built, the prospective occupant must apply for a mortgage to pay for the completed home.
- Loan amount $100K to $500M
- 12 months to 24 months interest only, based on the project
- Min credit score 650
- Up to 80% LTC (Loan to Cost)
- Document needed: Executive summary; Construction budget; Any existing appraisal, environmental and survey reports; Personal Financial Statement for all principals; Corporate Entity Documents; and Real estate track record
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