What are the requirements for our construction loans?
For most projects, we loan up to 75% Loan-to-Value (LTV) and up to 95% Loan-to-Cost (LTC). Here at Trueline Capital, we offer competitive construction, fix & flip, and bridge loans to licensed builders for spec, custom, and owner-builder projects in the Pacific Northwest.
Lending requirements differ per project and per borrower. We focus on lending for urban infill projects in major metropolitan areas with products for single-family residences, 1-4 unit multi-family, or larger commercial projects up to $10 million.
Terms for our loans differ per project and per borrower. On average, we lend on 6, 9, and 12-month terms. Terms can be extended on a per-project basis.
We offer fixed interest rates with no prepayment penalties. Our specialized loan programs provide quick turnaround times, flexible terms based on project needs, and cash liquidity for both conforming and non-conforming borrowers.