Construction Loan Advantages
Customize your property.
Fix and flip properties.
Short and long-term loans are available.
Easy to adjust your loan as you build.
Construction Lending Overview
Unlike CRE loans, construction loans don’t give you a lump sum to pay back. Instead, your project gets funded by milestones. Complete one stage of the construction to get funding for the next. You pay only interest during the build. When you’re ready to cut the ribbon, you can refinance your loan into a commercial mortgage with a term-to-perm loan. If the project hits a roadblock, you only pay back the portion of the loan that was funded. We help businesses get the financing they need to build offices, warehouses, retail spaces, and more every day.
Complex Financing Made Simple
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Our Services
You deserve straight forward, custom tailored financing solutions. And that is precisely what we deliver.
Land
Structures
Remodeling
F.A.Q’s
Q. Can I refinance a construction loan?
Q. What is an owner-occupied construction loan?
Q. Are there any tax advantages to building yourself?
Q. When is a construction loan not the right fit?
Get the support and insight you need to take the right financing to move your business ahead.
SummitUp Capital can take you there.