Short Term Construction Loans

$ 0
Details
Description

I am proud to announce that Semaj Financial Services now offers Commercial Real Estate Lending Services to Real Estate Developers & Real Estate Investors! We can arrange funding for: ✔️1-4 Unit Investment Properties (from $75k to $15m)✔️"Fix & Flip" financing (from $75k to $10m)✔️Multi-Family Properties (from $300k to $50m)✔️Mixed Use Properties (from $300k to $50m)✔️Commercial Properties (from $300k to $100m)✔️Land Loans (up to $100k)✔️Construction Loans (from $100k to $500m)✔️Equity Share Through our relationship with Sequoia Lending we are able to now assist our Real Estate clients. Visit our website and click on the Sequoia logo to find out more and apply at http://Semajreicapital.seqlending.com   SHORT TERM CONSTRUCTION   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
         http://Semajreicapital.seqlending.com

Sherrill 15 ads