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EBSC Lending

Construction Loan
- LG386

EBSC Lending

Summary of all Guidelines

Loan Types Construction Loan
Property Types Mixed use, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $10,000,000
Loan amount Maximum $100,000,000
Interest Rate Minimum 9.25%
Points Minimum 1st TD 1
Points Maximum 1st TD 5
Terms 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year
Typical Days Required to Fund 20-30 Business days
Interest Only or Amortized Interest Only
Lien Position 1st
Prepayment Penalty No Prepayment Penalty
General Pricing or Guideline info - Interest Rate: Starting at 9.39% - Closing Time: 20 Days - Loan Use: Purchase, refinance, cash-out, Construction on Entitled or Shovel Ready Land - Processing Fee: Based on Project Size - Underwriting Fee: Based on Project Size - Prepayment Penalties: None! (3+ months of minimum interest earned)
Updated as of 2024-01-04

- Interest Rate: Starting at 9.39%
- Closing Time: 20 Days
- Loans Use: Purchase, refinance, cash-out,
Construction on Entitled or Shovel Ready Land
- Processing Fee: Based on Project Size
- Underwriting Fee: Based on Project Size
- Prepayment Penalties: None! (3+ months of minimum interest earned)

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