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Construction loans are typically  short-term loans used to finance the building construction of real estate projects and are available
to finance tract developments, condominiums, retail centers and office buildings. Almost all lenders are concerned that their money lent is repaid, so underwriting of construction loans usually focuses on how that might occur. We’ll work with you to customize terms that fit your needs.  Some of documents required for construction loan application include:

• Two Sets of Plans
• Construction Cost Breakdown
• Contractor Data Sheet
• Contractor Financial Statement
• 2 years Federal Tax Returns, including ALL K1’s, 1099’s and matching W2’s
• Year to Date Profit and Loss for all business and corporation income
• Most recent 2 months bank statements for ALL bank/brokerage accounts
• Entity Documents If Applicable