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Construction Non Owner Occupied / Spec Loans
Vertical new construction financing on build ready lots
- Max loan amount $20,000,000 Million
- Single family, condo, townhomes, multi units
- 18 month terms
- Extensions available
- Permits
- Vertical Permits ready for pick-up or in file prior to close.
- Carve outs available to close with NO PERSONAL GUARANTOR in an LLC or Corporation w/demonstrated experience.
- INTEREST RESERVE ACCOUNT
- Reserve covers costs & makes all the payments for you as you draw from the line.
- Anytime Draws
- Allowing you to pay your vendors as often as you would like.