We have different loan programs to meet different project needs.
- Short-term projects such as fix and flip or new construction are usually completed within 12 months.
- Longer-term projects allow for repairs and then 6-12 months of rental history before refinancing into permanent financing.
- Acquisition financing. Typically used for purchase of land. Once full permitting and zoning is in place the property can be refinanced with a bank to include construction financing.
- Commercial projects including retail, office, and industrial property types.
Here’s a list of loan requirements.