Construction Loans
National Commercial Property Loans has the experience you need for construction loan funding. Appropriate properties include apartments and multi-family, retail (strip mall and separated), offices, industrial, hotel/motels and restaurants, churches and temples and other property types which have the potential to be an excellent real estate investment loan.
If these basic conditions are met, a construction loan for your property is possible:
• Loan value greater than $500,000
• The potential for ongoing profitability determined by the Net Operating Income (NOI)
• Good access to primary thoroughfares
Construction loans are used to construct a building or for improvements of real property, and the land and improvements stand as collateral for the loan. The construction loan can be used to purchase the land; provide construction funding and roll over to a permanent loan. During the construction the interest on the loan and closing costs can be rolled into the construction loan.
We can help you find the right loan for your project, with a wide range of loan programs to finance your commercial building or commercial remodeling projects.
Rehab Loans
National Commercial Property Loans
have Rehab Loan Programs to help renovate existing
multifamily and commercial buildings or to convert
multifamily projects to condos to resale.
Whether you're buying or refinancing, your new mortgage can include all of the improvements needed to make the house perfect for you. It's easy!