Over the years we have build the necessary lender relationships that make it possible for developers, contractors & business owners to get the funds for their construction projects from construction to permanent loan status. We also have private equity loans available for those projects that are unique and do not fit into the typical boxes that some lenders require.
Developers are traditionally required to have "some skin in the game." Knowing how the underwriting process works will prepare most developers and also assist in the decision making process long before the ground is broken on any project. Most lenders will look at the project in two ways when underwriting: What is the end value (Loan to Value) & What are the building costs (Loan to Cost). Lenders may have differing qualifying ratios depending on the project risk type: being educated upfront saves time, money and effort on every project.
Developers are traditionally required to have "some skin in the game." Knowing how the underwriting process works will prepare most developers and also assist in the decision making process long before the ground is broken on any project. Most lenders will look at the project in two ways when underwriting: What is the end value (Loan to Value) & What are the building costs (Loan to Cost). Lenders may have differing qualifying ratios depending on the project risk type: being educated upfront saves time, money and effort on every project.
CSLB: #1026626
CADRE: #01740023
OSHA 30
CADRE: #01740023
OSHA 30