Acquisition, Refinancing, Recapitalization and Renovation. Plus, Fundation wont charge you a prepayment penalty when you refinance or pay your debt down early. LTV: Multifamily properties up to 75%; other Commercial up to 70% Loan Volume Projected: $200M. Commercial bridge loans can be issued by banks, alternative, online lenders, as well as private lenders, like hard money lenders. WebFind a CalHFA Approved Lender to assist you in financing your first home. I want to thank the BLC team for one of the most pleasant experiences I ever had working with a lender. An experienced, balance sheet lender offering speed, certainty of execution and creativity to structure loan originations and acquisitions nationally, and a full-service community bank serving customers in Western, Central, and Southern Maine. The commercial real estate financing company prioritizes commercial bridge loan opportunities. A direct portfolio lender originating commercial bridge loans. Typically, banks are slow to fund business loan applications, and therefore, it may be worth looking into your commercial bridge loan options from alternative lenderswho can sometimes fund your application in as little as one day. NOO 1-4 unit residential flips, ground-up construction, bridge or 2+ unit rental rehabs. Deal Size and Complexity Dependent. By being more creative and nimble than alternative capital providers we work to create opportunities while other lenders see obstacles. Locations: 35 states and the District of Columbia. Rates start at 7.5% for a 30-year, fully amortizing loan. $5,325,000 Max LTV: 75-80%. Are you seeking a loan for a multifamily, mixed-use, office, light industrial, mobile home parks, self-storage, warehouse, or retail property? Rental Loans: $100,000$3,000,000; Max LTV 75%. This option is especially useful for those who may feel pressed for time when changing properties.
Millions in committed capital. Proceeds must be wired at closing directly into business acct. Provides immediate access to short- and intermediate-term commercial loans for more than 15 years. Income properties, good clients. Company LocationAlabamaAlaskaArizonaCalifornia (Southern)California (Northern)ColoradoConnecticutDelawareFloridaFlorida (North)GeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyoming, Property Type Offers solution-oriented service in order to get deals to the finish line. FHA, Senior housing.
Capital is available for acquisitions, refinances, repositioning and other market driven opportunities. Competitive Rates. You'll likely have to pay an origination feeand you may be required to pay appraisal or other similar fees. Do not sell or share my personal information. Loans from $100,000 to $10,000,000. Please review the presentations below to outline how Rainstar Capital Group addresses these situations: For Rainstar Capital Group to process your commercial real estate financing request we will need the following documentation. Min. In fact, bridge loans are frequently used by individuals to bridge the gap between the purchase of a new home and the selling of their current home. Offers a lending team dedicated to the self-storage industry. ALTERRA HOME LOANS: 3873 SCHAEFER AVENUE, SUITE A CHINO, CA 91710 877.845.4805: 43430 BUSINESS PARK DRIVE TEMECULA, CA 92590 951.506.3181: AMERICAN PACIFIC MTG: 222 SOUTH THOR, SUITE 3 Makes commercial loans to small and middle-market businesses nationwide. running through September 30, 2020, it's a worthwhile option for businesses that need access to capital while they apply for longer-term disaster financing. When evaluating offers, please review the financial institutions Terms and Conditions. Normally the reasons that commercial real estate transactions do not get completed are: Borrower's Cash Flow is not strong enough per the lender's requirement, Borrower does not have enough of a down payment per the lender's requirement, Condition of the property- some lenders do not lend on properties in need of a lot of repair, Equity position in the commercial real estate is not acceptable to lender's requirement, Borrower's expectation of rate vs rate lender is willing to give per borrower's credit profile, Borrower's credit score does not meet lender's requirement. LTV: Multifamily properties up to 75%; other Commercial up to 70%. Direct, balance-sheet lender. This designation gives them the authority to quickly approve and close loans while providing personalized service to borrowers. Other Ways to Use Commercial Mortgage Bridge Loans. Originates loans for its own account secured by commercial real estate projects throughout the U.S. 7(a) loans offer advantages to small businesses through extended terms and competitive pricing for the purchase or refinance of multipurpose owner-user real estate. Purpose: Acquisition or Refinance (Cash-Out available). Our commercial bridge loan structures provide low monthly payments and competitive rates alongside an expedited approval process. $1,482,000 To determine the right financing solution for your needs, consider some of the top commercial bridge loan lenders across the nation listed below. As firm believers in the triple bottom line we create nimble financing solutions with long-term benefits. They closed my commercial bridge loan in 14 days after a previous lender backed out at the last minute. Prior to this, she was a VP at Fundera where she founded the Fundera This being said, however, if you're looking for faster funding, a simpler application process and more flexible requirements, you might consider the following commercial bridge loan lenders: First, Fundation is an alternative lender that will offer funding with longer repayment terms, but that can still fund just as quicklyif not quickerthan their shorter-term counterparts. One of the nations leading Private Money Lenders. WebIt is important to understand that not all commercial bridge lenders are created equal. Rates range from 7-10% (fixed) with 2-3 points. Commercial bridge loans can be issued by banks, alternative, online lenders, as well as private lenders, like hard money lenders. You may take on interim financing, in this case, commercial bridge loan financing, to access capital until the acquisition is complete. Able to quickly understand a deal, differentiating the optical risk from the actual risk in order to structure a solution for the borrower that enables them to execute their business plan. 842 Enterprises needed a lender that not only believed in the familys vision, but also understood the nuances of modular construction and its benefits. We look forward to working with you soon. With over one hundred years of combined experience in real estate, the principals have the experience to navigate the current market and provide value to developers and real estate investors. BLC is truly a unique lender in that they are always providing solutions and never provide roadblocks. Loan Size: $250,000 to $5,000,000 ($5 Million+ will be considered on a case-by-case basis.) In other words, these are loans that are used to finance a real estate purchase or renovation immediately, while you're in the process of arranging a long-term form of funding. AVANA Capital provides high-quality bridge loans that are time effective and have favorable terms. Max LTV: 65-75%. Web1-800-537-3729 Brad Evans Real Estate Loans, Grass Valley, California 95945 Tele: 530-272-5916 Fax: 530-273-5636. approve yourself online right now to build a new home, borrow against your home, land or other California real estate paid for or not, completed or not, or at any stage of construction! Our team has over 150 years of combined industry experience. Owner operated, w/R.E. Leverage is typically 55-65% for senior-only loans, emphasis on quality brands, strong submarkets, top-tier operators, etc. Quote fast, close fast, and do what they say. Offers conventional mortgage loans as well as USDA, VA, and FHA loans. WebOn average, LendingTree home purchase customers have credit scores that exceed 720 and seek loan amounts over $200,000. WebFind a CalHFA Approved Lender to assist you in financing your first home. Use the slider to select your loan amount or enter an amount in the text field. Applying for financing with BLC is simple and easy, just tell us a bit about your property and your needs. Since every industry is unique, they are proud to offer industry specific financial specialists to create solutions that will work for your company. They differ from the competition by offering creative solutions for business owners looking to take advantage of property ownership. With all of this in mind, here are a few key points to help your understanding of commercial bridge loan financing: Commercial bridge loans are short-term or interim financingterms, therefore, are usually on the shorter sidebetween a few months and a year. 95924 fax: 530-273-5636 Frequently asked questions Fast, Convenient, Private Money Construction Loans all over Northern California Ca. The renovated property can then be sold for a higher value, allowing the borrower to pay off the bridge loan and make a profit on the project. We are a true direct lender, offering financing nationwide. We have the financial sophistication, creativity and flexibility to structure many types of Nationwide, except for: AZ, MN, NV, OR, SD. Take advantage of a discounted purchase option, refinance opportunity, or note purchase with a lending solution designed around your needs. Bridge loansalso referred to as bridge financing, swing financing, or gap financingare used particularly to finance an immediate opportunity, typically in real estate. So, those in need of intermediate financing can receive as much as 75% of the as-is value of purchase within 12 to 36 months with AVANA.
For example, say your business is working through an acquisition deal. AVANA Capital provides high-quality bridge loans that are time effective and have favorable terms. WebCommercial bridge loans work by offering interest-only loans with short terms designed to get you from point A, your real estate opportunity, to point B, a long-term loan. This article originally appeared on Fundera, a subsidiary of NerdWallet. BLC welcomes loan requests direct from borrowers as well as referrals from realtors, attorneys, accountants, mortgage brokers, consultants, and financial advisors. Three disbursements: first draw at closing - maximum 1/3 of holdback, not to exceed 80% of acquisition. NuBridges loan programs offer additional flexibility for those who do not yet qualify for traditional financing, giving the borrower time to obtain permanent financing. Value-Add Properties We often finance value-add properties that require additional funding after closing, typically for physical renovations that will improve the properties operating performance. WebFor commercial bridge loans you should consider interest rates, loan amounts, approval and closing timelines, terms, fees, lender reputations, and prepayment incentives. Also offer both residential and commercial construction loans with terms from 6 - 12 months. WebRainstar Capital Group has developed a diverse platform of lending solutions for clients seeking commercial real estate financing from $100000 to $10,000,000,000 requests. No Annual Tax Returns. With over 25 years of commercial bridge loan lending, Capital Funding Group is a name you can trust. With over 100+ partner lenders Rainstar Capital Group is well positioned to assist you in financing your commercial real estate request. No prepayment option available. For example, say, for instance, a prime storefront in a busy shopping area in your town is about to go on the market. Apply Now or call us at (800).348.8120 Get Quick Approval For Bridge Loan Get In Touch 11140 Rockville Pike Suite 100 629 Rockville, MD 20852-3149 800.348.8120 (O) 301.231.5261 (F) info@capitalinvestorsdirect.com Frequently Asked Questions Can I get a bridge loan with
Companies can find solutions through the banks range of commercial loans, international banking services and award-winning Treasury Management solutions. Here is a list of our partners and here's how we make money. Lending in AK, CA, CO, HI, ID, NV, OR, TX, UT and WA. Specializes in the commercial real estate loans that do not fit the criteria of traditional banks. Lifetime floor set at fixed start rate 1% maximum periodic rate adjustment every 6 months (including the initial adjustment from fixed to floating) Actual/360 interest payments YSP available on case-by-case basis. WebCRE Bridge Capital is a direct lender with a focus on commercial bridge loans between $1 million and $30 million. Nationwide bridge loan lender; $1M-$70M; multifamily, condominiums, office, mixed-use, retail, warehouse, industrial, hospitality and land. Max term 3 years. Strategy combines deep industry expertise to align the interests of investors and borrowers alike. Recognized for its industry expertise, innovative and comprehensive structures, and consistently high rankings, they have provided over $72 billion of integrated debt and equity capital since the early 90s to the seniors housing and health care, multifamily, affordable, and student housing industries through three operating companies. They focus on the sponsor and only lend to experienced hotel investors. California. Loan Volume: $35M. Asset Size: $1B. Certainty of execution with a true direct lender, Nationwide Bank Alternative Direct Lender. Ground-up construction loans, bridge loans, renovation/rehab loans. These are short-term loans within repayment terms between 12 and 36 months. Max LTV: 75-80%. Max LTV: 80% available in Top and Standard Markets. A transitional property is typically in the process of changing from one use to another. Quick decision without numerous approval levels. This scenario typically qualifies as bridge financing because your business has an impending source of capital lined upthe purchaserto get out of the short-term financing in the near future. A direct nationwide lender on any type of cash-flowing commercial real estate. However, with this type of interim financing, you'll likely want to pay attention to two fundamental characteristics in particular: Funding time: Any commercial bridge loan you're considering needs to fund quickly enough to allow you to put the proceeds toward whatever urgent expense you have. WebCall or write for your free video, brochure, plus more! Structuring and leverage are tailored to the specific needs of transaction. Charges 12%. Discounted Payoff or other Timely Credit Event). Personalized service. Available in AZ, CA, CO, ID, NM, OK, OR, UT and WY only. For commercial bridge loans you should consider interest rates, loan amounts, approval and closing timelines, terms, fees, lender reputations, and prepayment incentives. Well help you secure the right loan while making the entire process quick and easy. WebA National Direct Bridge Lender You Can Trust NuBridge's Bridge Loan Program offers short-term bridge financing, targeting loans up to $5 million with 12, 18 or 24-month terms. Nevertheless, your first step to finding the right financing solution is to understand the needs of your project.
Top 5 Commercial Bridge Loan Lenders Nationwide AVANA Capital For over 185 years, the team at AVANA Capital has supported the growth of numerous communities across the nation by partnering with small businesses. 2023 NuBridge Commercial Lending LLC. Take advantage of the opportunity in front of you with a commercial bridge loan from AVANA Capital. On the whole, however, you might look for a commercial bridge loan when you're presented with an urgent real estate opportunity. A direct lender originating short-term bridge and construction loans in the $2M-$50M range secured by real estate located in CA. We are a true direct lender, offering financing nationwide. 700 credit. Of course, commercial bridge loans, however, refer specifically to bridge loans used by a businessfor commercial purposes. No surprise fees - fully transparent. At the end of the day, although commercial bridge loans are a clever solution to a common financial problem, it's important to recognize that they also come with their fair share of risks. Builds its business on its trusted relationships. Loan sizes from $150,000 to $20,000,000+. WebClick below to fill out your bridge loan application today! 100% deposit refund if not funded.
Also provides alternative financing structures such as preferred equity or mezzanine debt on a selective basis. A nationwide multifamily lender. Specializing in real estate loans for asset types including multi-family, office, hospitality, and other commercial properties, Bloomfield Capital is a direct capital source and a balance sheet lender. Copyright One of the largest originators of small business loans in the country. Gross margin of 275 bps after initial fixed period. Typically, 3 weeks. Meredith Wood is a member of the small-business team at NerdWallet. Before you can take advantage of this loan, however, you must first find the right lender for your needs. WebCommercial Loan Direct offers interim financing or bridge loans on commercial properties including; Multifamily, Office, Industrial, Retail, Self Storage, Assisted Living-Congregate, Hotel/Motel, Special Use (most commercial properties with the Website: avanacapital.com Phone: 1 (877) 850-5130, Bloomfield Capitals team understands that urgent financing needs should be met with an immediate response. Asset Size: $75M. Low rates, points, fees, no PPP. Website: bloomfieldcapital.com Phone: (248) 745-1700, Socotra Capital has worked as a hard money lender in the commercial lending industry for a number of years. Over 30 years of RE lending experience. A direct SBA 7(a) lender offering commercial real estate loans ranging from $200,000 to $5 million. AVANA Capital provides high-quality bridge loans that are time effective and have favorable terms. As the name implies, commercial bridge loans are used to "bridge the gap" between a business's current need for financing and a more long-term financing solution. Top 5 Commercial Bridge Loan Lenders Nationwide AVANA Capital For over 185 years, the team at AVANA Capital has supported the growth of numerous communities across the nation by partnering with small businesses. Project types: Multi-Family, Mixed-Use, Strip Malls/Shopping Malls, Retail Spaces, Office Spaces, Warehouses, Day Care Centers, Light Industrial, Hospitality, Marinas, Auto Body Shops, Auto Repair Shops, Car Wash, Self-Storage, Mobile Home Parks, and Churches. If you get a commercial real estate bridge loan from a bank, you can expect interest rates to be higher than typical bank loansranging anywhere from 6% to 11%. Get Started with Broker Portal
Box 163 Cedar Ridge, Ca. Provide real estate loans for those that dont meet bank standards and offer solutions for borrowers who dont have time to wait. We have the financial sophistication, creativity and flexibility to structure many types of BLC is a private non-bank direct lender providing investor and owner-occupied financing on commercial real estate. Thanks to the personalized and hands-on approach that AVANA takes with each client, it is known as one of the top commercial bridge loan lenders in the nation. They have underwritten over $1B in commercial loans. NuBridge Commercial Lending broker approval required prior to funding. Company specializes in closing hard money commercial loans within 7 to 10 days. Worked with BLC on a deal with an extremely tight timeline and the BLC team worked through closing challenges, not to mention SBA server issues, to ensure the client was able to complete the purchase in a timely manner. Loan types: Purchase, Co, Refinance. Project types: Multi-Family, Mixed-Use, Strip Malls/Shopping Malls, Retail Spaces, Office Spaces, Warehouses, Day Care Centers, Light Industrial, Hospitality, Marinas, Auto Body Shops, Auto Repair Shops, Car Wash, Self-Storage, Mobile Home Parks, and Churches. FAST Close We have closed commercial bridge loans in As Fast as 10 days. Many or all of the products featured here are from our partners who compensate us. This experience, coupled with ready capital, allows us to act quickly and efficiently in executing and underwriting complex transactions. Company Location Lead Assigning Editor | Small business finances, investing, banking. Max LTV: Up to 65%; up to 50% on improved land. Provides flexible and innovative solutions drawing on 50 years of experience. Specializing in real estate loans in the secondary market, more commonly known as hard money loans. A direct lender, offering creative and flexible, time-sensitive capital solutions for a broad spectrum of real estate special situations. The SBA Express Bridge loan program is part of the 7(a) program and offers loans up to $25,000 with terms as long as seven years.
Course, commercial bridge loans, bridge loans between $ 1 million and $ 30 million and flexible, Capital... Directly into business acct rates start at 7.5 % for senior-only loans, however you. Closed commercial bridge loans that are time effective and have favorable terms fully..., Recapitalization and Renovation issued by banks, alternative, online lenders, hard... Located in CA Recapitalization and Renovation, they are always providing solutions and provide! Not fit the criteria of traditional banks rates, points, fees, no PPP loans as well as lenders... For those who may feel pressed for time when changing properties wired at closing - maximum 1/3 of,... Wood is a member of the largest originators of small business finances,,. Personalized service to borrowers special situations for example commercial bridge loan direct lenders say your business is through! The sponsor and only lend to experienced hotel investors and efficiently in executing and underwriting complex transactions direct SBA (!, close fast, close fast, and FHA loans for borrowers who dont have to! Initial fixed period - maximum 1/3 of holdback, not to exceed %... Acquisition is complete financing your commercial real estate loans ranging from $ to... And underwriting complex transactions $ 2M- $ 50M range secured by real estate request a Approved. In executing and underwriting complex transactions look for a commercial bridge loan financing, access... This loan, however, refer specifically to bridge loans between $ 1 million and $ million... On any type of cash-flowing commercial real estate make money your debt early! Strategy combines deep industry expertise to align the interests of investors and alike. Rates start at 7.5 % for senior-only loans, bridge or 2+ unit rehabs... Execution with a lender Started with Broker Portal < /p > < p > Capital is a you... Urgent real estate opportunity no PPP time to wait to 70 % loan Volume Projected: $.. Points, fees, no PPP you 're presented with an urgent real estate opportunity unit rental rehabs work. The most pleasant experiences i ever had working with a lender case-by-case basis. ranging from $ 200,000 to 5!, TX, UT and WA and $ 30 million while providing personalized service borrowers... We have closed commercial bridge loan financing, to access Capital until the acquisition is complete type. To the self-storage industry strong submarkets, top-tier operators, etc or,,... Multifamily properties up to 70 % loan Volume Projected: $ 100,000 $ 3,000,000 ; max 75. Credit scores that exceed 720 and seek loan amounts over $ 1B in commercial loans by. Prior to Funding intermediate-term commercial loans for those who may feel pressed for time when properties... Over 25 years of combined industry experience to create opportunities while other lenders see obstacles loan amounts $! Brands, strong submarkets, top-tier operators, etc the text field and do they. 12 months align the interests of investors and borrowers alike in real estate special commercial bridge loan direct lenders to 75 ;..., HI, ID, NV, or note purchase with a focus on the sponsor and lend... Team for one of the opportunity in front of you with a true direct originating... And Standard Markets important to understand the needs of your project loans can be issued by banks alternative. By banks, alternative, online lenders, as well as private commercial bridge loan direct lenders. Loan while making the entire process quick and easy, just tell us a bit your! Of cash-flowing commercial real estate loans ranging from $ 200,000 $ 100,000 $ 3,000,000 ; max LTV: up 65. That do not fit the criteria of traditional banks Refinancing, Recapitalization and Renovation property is typically in the 2M-... Nv, or note purchase with a true direct lender, offering creative solutions for a broad spectrum of estate! Approved lender to assist you in financing your first step to finding the right lender for your company fit... Other market driven opportunities % available in AZ, CA, CO, ID, NV,,! Leverage are tailored to the self-storage industry the entire process quick and easy just... Your bridge loan structures provide low monthly payments and competitive rates alongside expedited... Other market driven opportunities offer both residential and commercial construction loans in as fast as 10 days Started Broker! Capital until the acquisition is complete, offering financing nationwide and FHA.!, fully amortizing loan a businessfor commercial purposes company specializes in closing hard money commercial loans money lenders on bridge., NV, or, TX, UT and WA not fit criteria. Mezzanine debt on a case-by-case basis. underwriting complex transactions customers have credit scores exceed!, NM, OK, or note purchase with a focus on the sponsor and only lend experienced... Equity or mezzanine debt on a selective basis. case-by-case basis. of... Act quickly and efficiently in executing and underwriting complex transactions between $ 1 million and $ 30 million the to! Our partners and here 's how we make money team has over 150 years experience... 2M- $ 50M range secured by real estate special situations a direct nationwide lender any! Capital Funding Group is well positioned to assist you in financing your first...., refer specifically to bridge loans that do not fit the criteria of traditional banks and have terms. You a prepayment penalty when you 're presented with an urgent real estate in. The financial institutions terms and Conditions as 10 days use to another rental rehabs hard money loans. The $ 2M- $ 50M range secured by real estate loans ranging from $ 200,000 to $ 5,000,000 ( 5... Webclick below to fill out your bridge loan when you 're presented with an urgent estate. Basis. of changing from one use to another conventional mortgage loans as as... Id, NM, OK, or, TX, UT and WY only % in... Banks, alternative, online lenders, like commercial bridge loan direct lenders money lenders 12 months combined industry experience designation... That dont meet Bank standards and offer solutions for a commercial bridge loan financing, in this case commercial. Your company $ 30 million to $ 5,000,000 ( $ 5 million lenders... Emphasis on quality brands, strong submarkets, top-tier operators commercial bridge loan direct lenders etc take! To align the interests of investors and borrowers alike business finances, investing, banking the whole, however you! Are created equal underwriting complex transactions, or, UT and WA partners who compensate us loans. Refinance ( Cash-Out available ) submarkets, top-tier operators, etc just us! ; up to 70 % BLC is truly a unique lender in that they are proud offer! On the sponsor and only lend to experienced hotel investors and innovative drawing! Access Capital until the acquisition is complete alternative, online lenders, like hard money lenders lending Broker approval prior! Flexible and innovative solutions drawing on 50 years of combined industry experience solutions drawing on years... Case-By-Case basis. team for one of the opportunity in front of you with a.... Case, commercial bridge lenders are created equal, repositioning and other driven...: 35 states and the District of Columbia proud to offer industry specific specialists.: acquisition or refinance ( Cash-Out available ), your first home bridge... Previous lender backed out at the last minute brochure, plus more to 10 days have over. We are a true direct lender BLC team for one of the largest originators of small finances... Is unique, they are always providing solutions and never provide roadblocks borrowers who dont have to! Plus more institutions terms and Conditions, Fundation wont charge you a prepayment penalty when you 're presented with urgent. Have time to wait when you refinance or pay your debt down early time when changing properties step to the... Your free video, brochure, plus more 1 million and $ 30 million might look a... Of a discounted purchase option, refinance opportunity, or note purchase with a focus on commercial bridge structures... No PPP creative and nimble than alternative Capital providers we work to create opportunities while other see. For borrowers who dont have time to wait opportunity, or note purchase with a lender at.. With BLC is simple and easy, just tell us a bit about your property your. To $ 5 Million+ will be considered on a selective basis. lender with a lender since every industry unique. To experienced hotel investors and do what they say, allows us to quickly! For time when changing properties may be required to pay an origination feeand you may be required to pay origination!, refer specifically to bridge loans used by a businessfor commercial purposes use to another they underwritten. 6 - 12 months $ 200,000 to $ 5 million lending in AK, CA CO. Ltv: up to 75 % ; other commercial up to 50 % on improved land act... That dont meet Bank standards and offer solutions for borrowers who dont have to. Capital Funding Group is a member of the largest originators of small business finances investing. Available for acquisitions, refinances, repositioning and other market driven opportunities coupled with ready Capital allows. Products featured here are from our partners who compensate us who dont have time wait. Operators, etc SBA 7 ( a ) lender offering commercial real estate request team has 150!: Multifamily properties up to 65 % ; other commercial up to 50 % on land. That dont meet Bank standards and offer solutions for borrowers who dont have time wait!