Construction Loans and Pre-development Construction Mortgages

• Streamlined draw process to meet the timely capital requirements of borrowers seeking:
• Construction loans
• Subdivision lands servicing loan
• Residential and commercial new construction building projects
• Revolving loan facilities for new construction and builder inventory
• Renovations, conversions and expansion financing for the changing uses of real estate
• Structures of construction mortgages vary according to transaction requirements and are flexible and custom-tailored to meet a borrower’s specific construction loan requirements
• Selectively, short-term commercial mortgage financing requirements (typically 1 year to 3 year terms)
• Range of commercial construction mortgages: $500k to $500 million