Construction

Construction Hard Money

Hard Money Lending, Construction 

Better Loans & Realty offers fast, responsive quotes for hard money construction financing.

Loan Parameters For Construction

  • Loan Size: $200,000 to $50,000,000+
  • Term: 1-3 Years
  • Lending Area: CA (Nationwide Case by Case)
  • Property Type: Residential and Commercial
  • Interest Rates: 10%-14%
  • Amortization: Interest Only
  • Loan to Costs: Up to 80%
  • Interest Reserve: 1-2 years (Should be Factored into the Loan Amount)
  • Origination Fee: 4%-6% Taken at Closing From the Loan Proceeds
  • Closing Terms: Closings in as Quick as 14 Business Days