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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