We would like to share how our streamlined New Construction loans to assist borrowers in completing their projects efficiently and effectively. Our construction loans are specifically tailored for the purchase or refinance of entitled lots, making them ideal for a variety of property types including single-family homes, condos, townhomes, and 2 to 4-unit properties. Recently, we successfully funded a substantial $16 million on a new construction loan to finalize the construction of 28 condo units.
One of the key highlights of this transaction was our ability to leverage the value of the phase 2 and 3 land, allowing us to close the deal in a cash-neutral manner. This strategic approach not only showcases our expertise in the real estate financing industry but also demonstrates our commitment to finding innovative solutions to meet the needs of our clients.
If you are looking to take your construction projects to the next level, we invite you to contact us to explore how our New Construction loans can benefit our borrowers. Our team is dedicated to providing personalized support and guidance throughout the loan process, ensuring a smooth and successful experience for all parties involved. Let us help you build towards a brighter future with our comprehensive construction financing solutions. Contact us for more details about our new construction loans.
