Commercial Construction Loans





Ground-Up & Rehab Construction Financing





Private Capital Solutions

1 to 3-Year Fixed & Variable Interest Only Construction Loans

Loan is fixed or variable for up to 3-years with interest only amortization. Loan is due at the end of the 1 to 3-year term. No prepayment penalty in most cases. Eligible properties include multifamily 5+ units, 1-4 unit residential, condos, office, retail, industrial, manufactured housing, self-storage, hotels, and healthcare. ICS Construction Loans are short-term interim loans designed for new construction and major rehab projects prior to securing long-term financing or disposition.

Submit Loan Request | Understanding Loan-to-Cost Ratio

Leverage: Ground-Up: Max ARV: 65% | Max LTC: 80% | Build Cost:100% | Min Credit: 650

Rehab: Max ARV: 75% | Max LTC: 85% | Build Cost: 100% | Min Credit: 650

Loan Amount: Ground-Up: $250K to $100MM+

Rehab: $150k+

Experience: Prior construction / rehab experience highly preferred.
Property Types: Most property types considered. Multifamily, office, retail, industrial, mixed-use, specialty use, 1-4 unit residential.
Occupancy: Owner occupied residential developments, investment properties, commercial owner-user.
Rate: Starting rate a Prime + 2%. Rates are project specific and heavily based on sponsor experience.
Liquidity: Minimum 10% of project budget + minimum 6-months interest reserves
Amortization: Interest only during construction.
Reserve account: A reserve account will be used to make monthly payments on behalf of Borrower until construction phase is finished and property is ready for take-out financing.
Builder: Must be approved by lender.

Required Documents for Loan Review

  • Sponsor resume / track record
  • Sponsor personal financial statement
  • Project scope of work / budget
  • Builder resume / track record


Click here to load this Caspio Online Database.