High End Residential Lender Wanted
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  1. 04-03-2023, 08:31 AM #1
    CapCity
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    High End Residential Lender Wanted

    Does anyone know of a lender that will lend construction money to finance a multi-million dollar single family residential?
    Thanks.
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  2. 04-03-2023, 08:59 AM #2
    Olderguy
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    Is it sold or is it spec?

    I am assuming they own the land or does that have a lien?

    Is the land graded, permitted, have entitlements and have final map or final plan?

    Do they have the funds for LTC (Loan to Cost) above 70% - say 30%?

    And are there comps in the area for similar properties?

    Reach out I have people who might be able to do it depending on the answers to the above...
    Last edited by Olderguy; 04-03-2023 at 10:50 AM.
    Steve Benjamin
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    Irvine, CA 92620
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    949.228.1050


    @ 24 hour funding working capital loans
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