Residential Construction Loans For Developers
Banc of California currently offers Residential Construction Loan programs for experienced Builders and Developers. The Construction Lending team is committed to serving your needs by delivering flexible products and exceptional service. Banc of California Construction Lending funded over $200 million in residential construction loans in 2016.
Benefits of a Banc of California Construction Loan include:
- Construction Loans to $5MM - Higher on case-by-case basis
- Construction only
- 1 mo. LIBOR ARM + MARGIN
- Origination fee paid at closing
- Up to 85% LTC
- In-house fund control and loan administration
- Competitive Loan Administration Fee
- Loan Term from 12-24 months
- Market Focus California
Contact our construction specialists today to see how Banc of California can best meet the needs of you and your clients.
AVP, Senior Loan Officer