construction: Is it a Development Loan or a Construction Loan? - 07/09/08 07:17 PM
Part of my job is to take incoming cold calls. We advertise in a commercial lending industry magazine that generates a good deal of call traffic.
On a regular basis I get requests for “construction” loans. After asking some questions to determine the nature of the loan, I usually find (1 comments)
construction: Commercial Hard Money Construction Loans - 01/02/08 06:15 PM
I get at least one phone call a day requesting construction financing. (Owens Financial Group does fund commercial construction projects on a limited basis.) Underwriting a construction loan is handled differently than a typical commercial loan.
Lenders desire to know that a developer has enough money invested in the project to (0 comments)
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