Short Term Construction Loans (Lake Mary, FL)

Short Term Construction Loans

I am proud to announce that Semaj Financial Services now offers Commercial Real Estate Lending Services to Real Estate Developers & Real Estate Investors We can arrange funding for 1-4 Unit Investment Properties (from 75k to 15m) Fix & Flip financing (from 75k to 10m) Multi-Family Properties (from 300k to 50m) Mixed Use Properties (from 300k to 50m) Commercial Properties (from 300k to 100m) Land Loans (up to 100k) Construction Loans (from 100k to 500m) Equity Share Through our relationship with Sequoia Lending we are able to now assist our Real Estate clients. Visit our website and click on the Sequoia logo to find out more and apply at Semajreicapital.seqlending.com SHORT TERM CONSTRUCTION A construction loan is a short-term loan that covers only the costs of custom home building or commercial property. This is different from a mortgage and it s considered specialty financing. Once the property is built the prospective occupant must apply for a mortgage to pay for the completed home. Loan amount 100K to 500M 12 months to 24 months interest only based on the project Min credit score 650 Up to 80% LTC (Loan to Cost) Document needed Executive summary Construction budget Any existing appraisal environmental and survey reports Personal Financial Statement for all principals Corporate Entity Documents and Real estate track record Semajreicapital.seqlending.com