Skip to content
logo
Search
Close this search box.
(800)865-9011

Grand Pacific Financial Corp

Construction Loan
- LG288

Grand Pacific Financial Corp

Summary of all Guidelines

Loan Types Construction Loan
Property Types 2-4 Units, Multi Family, SFR
Lendding Area california, texas, washington
Loan amount Minimum $1,000,000
Loan amount Maximum $8,500,000
Interest Rate Minimum 4%
Terms 6 month, 9 months, 1 year, 18 month, 2 year
Interest Only or Amortized Interest Only
Lien Position 1st
General Pricing or Guideline info - Interest Rate: Minimum 3.99% over WSJ Prime. - Maximum LTV: 80% based on Completion Value. - Maximum LTC: 80% based on Total Project Cost. - Repayment: Interest Only (IO) - Lender Loan Fee: Varies - DSCR: Interest Reserve Available - Funding may including: Land Draw, Hard & Soft Construction Cost, Interest Reserve.
Updated as of 2023-10-16

- Interest Rate: Minimum 3.99% over WSJ Prime.
- Maximum LTV: 80% based on Completion Value.
- Maximum LTC: 80% based on Total Project Cost.
- Repayment: Interest Only (IO)
- Lender Loans Fee: Varies
- DSCR: Interest Reserve Available
- Funding may including: Land Draw, Hard & Soft Construction Cost, Interest Reserve.

These descriptions are limited information and meant for general reference purposes.