
International and National Commercial Real Estate Lending
ALL U.S., World Wide
and OUR
HOME CITIES SEATTLE BELLEVUE & TACOMA
"projects closed everyday that banks turned away"
Construction
Loan- This transaction is used specifically for the
construction of a project. It assumes that the land needed
for the project has already been acquired. The funding of a
construction loan is typically done in phases, which will
coincide with the stages of construction. Construction loans
can be risky to a lender. An experienced
developer/contractor or business-owner with strong financial
resources is considered favorable on these kinds of
transactions. |