Program CM310 Commercial Construction Loan Loan amount from $250,000 to $5,000,000                                                       Property types: Multifamily Hotel/motel Office building Shopping center Industrial Warehouse Mixed use Retail Self-storage Mobile home park Healthcare Recreational Subdivision Others  New construction and renovation considered Maximum loan-to-value (LTV) 70% Maximum loan-to-cost (LTC) 70% Up to 60-month term Program CM320 Participating Loan Loan amount from $500,000 to $5,000,000  1-3 year term Participating loan bridges the "gap" between the builder's equity requirement and the amounts available from a construction loan. The construction lender is in a first lien position, participating loan is in a second lien position  Participating loan supplies 75% of necessary equity capital while the builder is responsible for 25% of loan-to-cost (LTC) Profit split: builder 66.67%, equity program 33.33%   The construction loan and the participating loan is subject to a maximum loan-to-value (LTV) 80%  No current pay requirements Program CM330 Land Development Loan Loan amount from $500,000 to $5,000,000 Maximum 65% of future balk sale value for land with permit ready, 50% for land with tentative map  Low rate starts at Prime + 2.00% 1-5 year term 30-year amortization Program CM340 Residential Construction Loan (California Only) Loan amount from $250,000 to $5,000,000  Maximum loan-to-value (LTV) 90% Maximum loan-to-cost (LTC) 70% for non-FICO driven program Low rate starts at Prime + 1.50% Interest only payment 6-12 month term No income, not asset verification program available Program CM350 Residential Renovation Loans (California Only) Residential 1-4 family owner and non-owner occupied properties Helps investors purchase and rehab property for a substantial profit 85%-100% of the sale price and repair fund (based on borrower's credit and experience), plus interest, points and closing costs can be financed, not to exceed 65% of the after-repair-value  First time borrowers may need to bring cash to the closing table for points and closing costs Minimum FICO 620 Borrowers supplying 2-year tax returns and 3-month bank statements are entitled to higher LTV First lien position Monthly interest only payment Term up to 1 year  Closings in one week or sooner No limit on the number of properties No prepayment penalties Licensed contractor and fund control escrow are required   To submit a proposal and request for program information, click Real Estate Loan Quote.