Details:
9.5% @ 1.5 points for 18 months on a construction loan only
9.931% *APR (annual percentage rate).
Up to 75% LTC (loan-to-cost) when 65% LTV (loan-to-value) depending on the loan size. Brokers welcome.
This loan is variable during construction at 1% over the Prime Rate.
Fees, points, and program parameters subject to change without notice.