List of Large Scale Projects

List of large scale projects:

Construction & Builder Financing
Commercial, Industrial & Residential Mortgaging
Land & Development Lending
Specialized Apartment Building Lending
Bridge & Short Term Lending
Equity & Participating Mortgage Loans
Joint-Venture Financing for Builders & Developers
Mezzanine & Subordinated Debt for long term acquisitions
Distress & Performing Mortgage Loan Purchases
Construction & Development Partnerships [...]

Examples of Funds for $10M – $5 Billion Projects

Private fund not only includes private money from investors, it could also be money from instituational mutual funds, international funds and other sources.
Some examples that we will find you funds for include:
-Commercial, Industrial & Residential Mortgaging-Land & Development Lending-Specialized Apartment Building Lending-Bridge & Short Term Lending-Conventional & Non-Conventional Financing-Equity & Participating Mortgage Loans-Joint-Venture Financing for [...]

Required Documents for Self Builder

Construction Loan – Required Documents for Self Builder
a) Copy of Land Contract if land is being Purchased of copy of Title of land already owned
b) Resume confirming good knowledge of the home building process
c) One Complete set of house plans and working drawing (blueprint)
d) Site Plan showing legal description, dimensions of property in detail
e) Copy [...]

Required Documents for Self Builder

Construction Loan – Required Documents for Self Builder
a) Copy of Land Contract if land is being Purchased of copy of Title of land already ownedb) Resume confirming good knowledge of the home building processc) One Complete set of house plans and working drawing (blueprint)d) Site Plan showing legal description, dimensions of property in detaile) [...]

Required Documents for Qualified Builder

Construction Financing also known as Draw Mortgages

Mortgage financing is available to purchase serviced land and then to build a home. Depending on the type of Builder, the following will be required:
1) Qualified Builder – having your home built by a qualified Home Builder at a fixed price.
2) Self Builder – you are your own general [...]

Required Documents for Qualified Builder

Construction Financing also known as Draw MortgagesMortgage financing is available to purchase serviced land and then to build a home. Depending on the type of Builder, the following will be required:
1) Qualified Builder – having your home built by a qualified Home Builder at a fixed price.2) Self Builder – you are your own general [...]

High Ratio 90% Already Owning the Land

Example 2: 90% Financed to do construction (already owned the land)
Land Value: $ 100,000Construction: $300,000Total: $400,000
90% Loan to ValueTotal Loan = $300K x 90% = $270KStages 40%, 70%, 100%
Draw $1 – 40% completion$300K x 40% = $120K$300K x 40% x 10% lien holdback = $12KAdvanced Fund # 2 = $270K – $120K – 12K [...]

Conventional Construction Loan With Purchase of Land

The following example is for “self-built” construction loan without purchase of land.
Example 1: 80% Financed to purhcase land and do construction
Land Value: $ 200,000
Construction: $300,000
Total: $500,000
80% Loan to Value
Total Loan = $500K x 80% = $400K
Stages 40%, 70%, 100%
Draw #1 – Purchase the land
65% x $200,000 = $130,000 provided by lender to purchase lend
35% x [...]

Convention 80% With Purchase of Land

The following example is for “self-built” construction loan without purchase of land.
Example 1: 80% Financed to purhcase land and do construction
Land Value: $ 200,000Construction: $300,000Total: $500,00080% Loan to ValueTotal Loan = $500K x 80% = $400KStages 40%, 70%, 100%
Draw #1 – Purchase the land65% x $200,000 = $130,000 provided by lender to purchase [...]

Types of Construction Loan

Here are 3 scenarios applicants:
1. Residential Home Buidler: documents required to apply for loan include, offer to purchase contract; schedule of construction and price; approved plans.
2. General Contractor: documents required to apply for loan include, approved plans and contracts between general contractor and borrower.
3. Self-Build: documents required to apply for loan include, offer to purchase [...]