Builder Construction Loans

Capital First  has supported  local home builders and real estate developers for decades. We’re one of the most reputable construction lenders in the the tri state area.  Our staff is experience in all phases of the lending process and  provide superior service by putting our loan and market expertise close to customers. Our local staff members know the markets where our customers build their communities.

Services Offered:

• Fast pre-qualification, typically within 48 hours your buyer will receive a pre-approval
• Loans are available to clients with excellent to less than perfect credit
• Flexible draw schedules on our construction loans—Up to 10% of construction budget advanced before any work is started
• 1 to 4 family properties are eligible
• Land purchase may be included in the construction loan, up to with a minimum of 10% total project equity
• Loan amounts up to 90% of the appraised value.
• 12 -18 month term (extensions available after construction term is reached)
• Interest only payments based on funds drawn
• Loan amounts from $75,000 to $10,000,000 on our construction loans