construction loans and commercial mortgages up to 55,000,000

MULTI FAMILY GROUND-UP DEVELOPMENT PROGRAM

(Acquisitions And Refinances)

$5M -$55M 

  • Ground-up construction loans of $5M - $55M
  • Priced individually with interest rate based on 30 day Libor (floor) plus applicable spread
  • Loan to Cost (LTC) varies from 70% - 85% based on asset types & loan parameters
  • 1 – 3 year terms with extension options
  • Interest Only, Non-Recourse

 

 

LOAN PROGRAMS UNDER $5MM

(No credit inquiries or sensitive information required to receive a proposal)

 

We have the following programs available

(click the blue links for our program guidelines)

 

RESIDENTIAL / MULTI-FAMILY

 

GROUND-UP CONSTRUCTION

 

Up To 85% Loan-To-Cost (if land is owned outright)

Up To 70% Loan-To-Value (if land must be purchased)

 

FIX AND FLIP

Up To 85% Of The Purchase Price (Up To 80% If Refinancing)

Up To 100% Of The Rehab Costs

Up To 70% Of The Completed Value

 

GROUND-UP CONSTRUCTION

Up To 85% Loan-To-Cost (if land is owned outright)

Up To 100% Of The Construction Costs

Up To 70% Of The Completed Value

600+ Minimum Credit Score

 

FIX AND FLIP / BRIDGE

Up To 80% Of The Purchase Price (Up To 75% If Refinancing)

Up To 100% Of The Rehab Costs

Up To 70% Of The Completed Value

 BUY & HOLD / LONG TERM REFINANCE

Up To 70% Of The Purchase (Up to 65% Cash-out Refinance- rural areas are ok)

Up To 100% Of The Construction Costs

 CLICK HERE FOR OUR APPLICATION

 

JUST CALL OR EMAIL TO GET PRE-APPROVED!

Telephone numbers are (541) 515-0666 and 541-632-0670

Please visit our websites: www.commercialmortgagecap.com and www.usfinance.biz

Email:  milford@commercialmortgagecap.com

 

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