top of page

Ground-Up & Rehab Construction Financing

                                                       Private Capital Solutions

​

1 to 3-Year Fixed & Variable Interest Only Construction Loans

Loan is fixed or variable for up to 3-years with interest only amortization. Loan is due at the end of the 1 to 3-year term. No prepayment penalty in most cases. Eligible properties include multifamily 5+ units, 1-4 unit residential, condos, office, retail, industrial, manufactured housing, self-storage, hotels, and healthcare. ACF Construction Loans are short-term interim loans designed for new construction and major rehab projects prior to securing long-term financing or disposition.

​

                            PRIVATE CAPITAL CONSTRUCTION & REHAB LOAN DETAILS

Leverage:                      Ground-Up: Max ARV: 65% | Max LTC: 80% | Build Cost:100% | Min Credit: 650

 

                                               Rehab: Max ARV: 75% | Max LTC: 85% | Build Cost: 100% | Min Credit: 650

Loan Amount:               Ground-Up: $250K to $100MM+

 

Rehab:                            $150k+

Experience:                    Prior construction / rehab experience highly preferred.

Property Types:             Most property types considered. Multifamily, office, retail, industrial, mixed-use,                                             specialty use, 1-4 unit residential.

Occupancy:                   Owner occupied residential developments, investment properties, commercial                                              owner-user.

Rate:                              Starting rate a Prime + 2%. Rates are project specific and heavily based on sponsor                                        experience.

Liquidity:                       Minimum 10% of project budget + minimum 6-months interest reserves

Amortization:                Interest only during construction.

Reserve account:          A reserve account will be used to make monthly payments on behalf of Borrower                                          until construction phase is finished and property is ready for take-out financing.

Builder:                          Must be approved by lender.

​

Required Documents for Loan Review

  • Sponsor resume / track record

  • Sponsor personal financial statement

  • Project scope of work / budget

  • Builder resume / track record

ACF is a Correspondent Commercial Mortgage Lending Company offering more commercial, multifamily, and investment property loan products than any single lender in the country. ACF originated loans are sold, assigned, or syndicated through our expansive network of capital partners, including hundreds of banks, credit unions, Fannie Mae, Freddie Mac, and FHA lenders, SBA, life companies, CMBS, as well as private bridge and construction lenders. We are your one-stop commercial, multifamily, and investment property lending partner providing the most competitive rates and terms available in today's capital marketplace. ACF is a registered corporation in the State of Florida. ACF does not provide consumer related products, consumer financial services, and does not provide residential owner-occupied property loans. ACF services real estate investors and business clients only. ACF services and products are intended for commercial real estate professionals, real estate investors, and are not intended for general consumer use.

bottom of page