This program is for the ground-up construction of residential and commercial projects. We have a strong focus on residential subdivision and multifamily development, but will also consider commercial mixed-use, office, retail, hospitality, and industrial projects.

• Loan Amounts: $1,000,000 - $100,000,000+

• Loan-to-Cost (including land and financing): 75-85%

• Loan Rate: Starting at 9.49%

• Rate Type: Fixed, Interest Only

• Loan Term: 12-36 months

• Borrower: Business entity, trust

• Loan Guaranty: Non Recourse available

• Prepayment: Open prepay with minimum interest

• Credit Score: Minimum 640

• Eligible States: Major markets nationwide, except MN, ND, NV, OR, SD, VT, and WY