Core Commercial Capital (“CORE”) offers construction financing through its extensive lender relationships throughout the U.S. These loans are used for ground-up construction, renovations, lease-hold improvements or purchase/build-outs of existing properties.
CORE is committed to helping borrowers throughout the U.S. and our mission is to provide the highest level of customer service throughout the entire loan process … and the name “Core Commercial Capital” is synonymous with that commitment!
Qualifications for these types of loans depend on the market, property type and strength of the sponsors. Rates and terms vary but usually terms are for 1-3 years’ interest only and are either stand-alone or construction to perm financing.
Loan to cost/value (LTC/LTV) range depending on the type of property, location and program but may be as high as 90%.
Some Property Types Include:
- Mobile Home Parks
- RV Parks