Construction Loan
Within California
Program #LG26
Within California
Program #LG26
Summary of all Guidelines | |
| Loan Types | Construction Loan |
| Property Types | 2-4 Units, Industrial, Medical Office, Retail, SFR, Warehouse |
| Lendding Area | california |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $25,000,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 13% |
| Points Minimum 1st TD | 2 |
| Points Maximum 1st TD | 5.5 |
| Terms | 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 20-30 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st, 2nd, 3rd |
| Intended Occupancy | Owner-Occupied, Non-owner-occupied |
| Recourse | Recourse |
| Updated as of | 2022-01-01 |
These descriptions are limited information and meant for general reference purposes.
- Sammy Stein
Senior Loan Officer
