Investment and Speculation (Selling) Construction Loan Program Details

Borrowing entities and credit requirements

• Owner, builder, spec or custom home construction
• Individuals, corporations, LLCs, partnerships, trusts, estates, international investors, etc.
• Combine multiple borrowers or multiple entities in a single transaction
• Decisions are based on the quality of the project
• Ground-up or broken priority

Property types and requirements

• Spec residential – attached, detached, in-fill, high end fix & flips, multi-family or broken projects
• Commercial projects can include acquisition financing and asset repositioning
• Ground-up or construction completion and broken priority…and we can finance the acquisition, too

Realistic construction periods

• Up to 24 months, or more, depending upon the scope of the project
• Can accommodate multiple phases and sensible, market driven partial releases
• No prepayment penalties or yield maintenance

In-house construction department

• Manages its own construction fund controls and inspections for projects throughout the west
• Quick, flexible dispersals. One-week turnaround on draw requests
• Custom draw schedules that support your project
• Experienced construction manager is on staff and at your service

Responsive portfolio lender

• Doesn’t rely on credit lines or depend on reselling to the secondary market
• Offers the creativity and flexibility that comes with being a true portfolio lender
• The ability and willingness to structure sensible solutions to your construction financing needs

Simple application process

• Call or e-mail your loan request

Fast answers

• Same-day turnaround on expression of interest
• We know our markets and can get to deal certainty while the bank is still asking questions