Construction and Rehab Loans
Agri-One Financial has the experience you need for new Construction and Rehab loan funding. Appropriate properties include:
- Apartments / Multi-Family
- Senior Living and SLF Facilities
- Hotel/motels
OTHER PROPERTY TYPES:
- Gas Stations / Retail (strip mall and separated) / Offices
- Industrial / Restaurants
- Development projects from $5 MM and higher
CONSTRUCTION LOANS
- Conventional Loans – ($10 MM minimum loan amount No Maximum)
- Up to 75% LTV (*Completed Value not cost)
- Senior Living and Assisted Living facilities
- Others – Contact us for details
REHAB
- Up to 65% ARV (*Completed value not cost)
- Sr. and ALF
- Multifamily
- Hotels and Motels
- Must be flagged / Full service only
TERMS- 12 MONTHS TO 25 YEARS
- Variable or fixed rates
- Interest only during construction / Amortization after completion
- Geographic Locations / Major metropolitan areas in US only
- Loan Type – Structured as first loan
- Monthly Draw
- * Loan amounts based on pro-forma stabilized value
FHA HUD LOANS
UP TO 83% LTCOST ($4 MM MINIMUM LOAN AMOUNT)
- Multifamily / Senior Living / Assisted Living / Hospitals
- 40 year fixed rate and 40 years amortization
- 12 + months to fund
- Recourse Construction Loans – ($3 MM minimum loan amount No Maximum)
UP TO 70% LTCOST
- Multifamily / Senior Living / Assisted Living
- Other :Student Housing / Office / Shopping Center / Hotels
- * Interest only 24 months
- 36 months fully amortized after completion and stabilization
REHAB LOANS (MINIMUM LOAN AMOUNT $1 MM)
- Up to 65% ARV (after repair value not cost)
- Multifamily
- Office / Senior Living or Assisted Living
- Hotel / Motel
- Retail
Great for purchase of Non-Performing Properties at low prices; rehab; stabilize and sale or refinance at long term low rates and or cash out.
Please Call to Discuss Details
303-773-3545