A Smart Lending Program
Financing a residential construction project can come with a number of roadblocks. We work closely with our builders and developers to help them gain the best construction program to meet their needs. For us it’s all about bridging the gap between funding the project for our builders and members, and getting incredible finished product.
We’re here to take the guesswork out of financing your next construction project. Whether you’ve reached your credit limit, have a small project, or have too many projects in the works to qualify for another, we’ll work with you to get the financing you need. Trueline Capital is here to help you get your project finished sooner.
Our specialized loan programs provide quick turnaround times, flexible terms and cash liquidity for both conforming and non-conforming borrowers.
Construction Loan Profile
|Loan Program Type||Spec||Owner / Builder||Pre-Sold|
|Max LTV (Loan-to-Value)||65%||70%||75%|
|Max LTC (Loan-to-Cost)||95%||95%||95%|
|Loan Term||3–18 months|
|Loan Amount||$100k–$2 Million|
Trueline Capital’s Loan Program
- Property Types: Single Family and Small Multi-Family Residential, Non-Rural, Attached and Detached considered
- Loan–to–Value (LTV): Up to 75%
- Loan–to–Cost (LTC): Up to 95%
- PRICING: Fixed interest rates with no prepayment penalties
- Terms: 6, 9 and 12 months (extensions available)
- Loan Amounts: $200,000 – $2,000,000
- No CLTV limitations: Seller subordination acceptable