Construction Loan Program
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What is a Construction Loan
A construction loan is short term financing that helps clients build, renovate, or develop residential and commercial properties. Unlike a traditional mortgage, these loans are designed to cover costs during the construction phase until the project is complete.
Funds are typically released in stages, known as “draws,” as construction progresses. This ensures that money is used for actual work completed. Once the project is finished, the loan is usually refinanced into a permanent mortgage or repaid in full.
How does this Construction Loan work
- Borrowers apply with project plans, budget details, and construction timelines for review.
- Lenders disburse funds in stages as specific building milestones are completed.
- Loan is repaid or converted into a permanent mortgage after project completion.
Features
- Loan Amount: $100,000 – $50,000,000
- Loan-to-Value: Up to 85%
- Rehab Costs: Up to 100%
- Term Length: 6 – 24 Months
- Interest Rate: 5% – 14%
- Closing Time: 3 – 6 Weeks
Benefits
- Pay interest only
- Easy approvals
- Flexible terms
- Minimal underwriting
- Fast approvals
- Fast funding
- One-on-one advising
Other Real Estate Loans
Types of Construction Loans
Discover tailored construction loan programs designed to meet your unique building and renovation needs
Traditional Construction Loans
Covers the cost of building from the ground up, disbursed in phases during construction. Borrowers make interest-only payments while the project is ongoing, transitioning into full payments after completion.
Fix and Flip Loans
Designed for investors purchasing distressed properties to renovate and sell quickly. Provides short-term financing covering acquisition and repair costs, helping maximize returns in competitive real estate markets.
Purchase and Rehab Loans
Combines funds for buying a property and renovating it into one loan. Ideal for buyers who want to transform older or undervalued properties into profitable investments without needing multiple financing sources.
Construction-to-Permanent Loan
Starts as a construction loan during the build and converts into a long-term mortgage afterward. This eliminates the need for separate closings and streamlines financing for borrowers seeking one convenient solution
Construction-Only Loan
Provides short-term funding for the construction phase only. Once the project is completed, borrowers must secure a separate mortgage to cover long-term payments, making it flexible but requiring refinancing afterward.
Renovation Loan
Funds major home improvements, remodels, or property upgrades. Great for owners who want to enhance existing spaces without starting new construction, adding value to their property with customized improvement financing.
Construction Loan Advantages
Construction loans provide flexible funding to cover building costs, manage cash flow, and complete property projects effectively.
- Flexible Funding
- Stage Based Draws
- Short Term Solution
- Custom Options
- Improved Cash Flow
- Transition Ready
- Flexible Funding
- Stage Based Draws
- Short Term Solution
- Custom Options
- Improved Cash Flow
- Transition Ready
Eligible Properties
Hardmoney 411 offers fast, flexible bridge loans for commercial real estate investors. Apply online or call to get started today.
1. Single Family
2. Multi-Unit
3. Mixed Use
4. Retail
5. Office
6. Warehouses
7. Hospitality
8. Self-Storage
9. Apartment Buildings
10. Hotels & Motels
11. Churches
12. Land
there are some Results we have already achieved together!
Trusted Choice
Why People Choose Hardmoney 411
We focus on making loans easy, quick, and transparent. Here are the reasons clients prefer Hardmoney 411 for funding.
- Fast Loan Approvals
- Simple Application Process
- Flexible Loan Options
- Transparent Terms Always
- Trusted By Businesses
- Real Estate Expertise
- Personalized Loan Guidance
- High Client Satisfaction
- Secure And Reliable
- Competitive Rates Offered
Easy Process
Simple Steps To Secure Your Loan
Getting a loan with Hardmoney 411 is quick and straightforward. Just follow these steps to move forward confidently.
01
Apply Online
Submit your loan request through our simple online form. Provide basic details to help us understand your funding needs.
02
Quick Review
Our team reviews your application promptly and contacts you to discuss available loan options best suited to your goals.
03
Get Approved
Once approved, we finalize terms with clarity and transparency so you know exactly what to expect.
04
Receive Funds
Funds are released quickly, ensuring you have timely access to capital for your business or real estate plans.
Apply Today And Secure Your Loan
Take the first step toward fast and reliable funding. Hardmoney 411 is ready to guide you through every step.