Eligible Uses:

Short-term financing for construction expenses and approved soft costs.

Additional Requirements:

May be subordinated to a bank loan, provided aggregate liens do not exceed 100% LTV based upon appraisal.

Loan Size:

Up to $3 million.

Terms and Conditions:

Maximum 100% LTV, Up to 36 months; may extend to 5 years on case by case basis, Secured by property.