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Construction loans for the financing of most types of commercial property with a major emphasis on market, project and developer track record Term loans for warehouses, retail shopping, office-warehouse, flex properties, offices, apartments and other properties
A home construction loan is a short-term, higher-interest loan that provides the funds required to build a residential property, explained janet bossi, senior vice president at OceanFirst Bank.
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With a VA Construction loan you can finance up to 100% of the land purchase and construction costs. Traditional Construction loans often require a 20% or 25% down payment on the land. You then have to get a construction loan (which generally has a higher rate than a traditional conventional fixed rate loan).
Last year, the team executed the record sale of a 490,000-square-foot, eight-building, medical office portfolio in the.
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