CONSTRUCTION

Construction loans provide interim financing to accommodate the development of a property. They are short term in duration and allow the horizontal and vertical development of a project. Interest only payments are customarily required during the construction phase with some construction financing converting to a fully amortizing loan at the completion of the construction schedule and/or other benchmark or the need for a permanent loan to be in place to extinguish the construction loan at a preordained time or condition. Possible construction loans terms available by lenders are:-

Multifamily, Retail, Industrial, Mixed Use, etc

90% CLTV

Loan Term: 1 - 5 years

Owner Occupied

Non-Owner Occupied

Full Doc

Recourse

Non-Recourse

and more...
Commercial Mortgage Brokers *CRE Private Equity *CRE Debt Financing

Services

These are some of the properties we finance:

 Multifamily

 Mixed Use

Retail

Industrial

Office

 Hospitality

 Senior Housing

 Special Use

610 LACEY ROAD
P O BOX 202
FORKED RIVER
NEW JERSEY 08731

Phone
(609)971-7171

Fax
(609)971-7144

Email:
info@bestcreloans.com