Loans and Mortgages for New Construction

Active Lending Corp. can obtain construction financing for most property types. Construction financing, while more difficult than typical commercial real estate financing can be completed assuming the borrower has the experience, credit, and the project is economically feasible.

Under the best conditions and depending upon the strength of the Sponsorship and the project, the margin can range from 1.00% to 2.5% over the These construction loans can roll to a mini-perm for 3 to 5 years, with a lower margin say - 0.50% to 1.5% over the 30-day libor rate.