Expertise in Construction Financing:
Our specialized knowledge in construction loans translates into personalized service and guidance for your project’s success.
Adaptable Loan Solutions:
Whether you’re a seasoned developer or a new investor in the real estate construction arena, our tiered loan program is designed to match your experience level, offering loan-to-value (LTV) and loan-to-cost (LTC) options that align with your project’s scope and scale.
Why Ternus Lending for Your Construction Financing?
- Competitive Financing: With terms up to 24 months and rates starting at 10.99%, we’re committed to making sure your project has the funding it needs to succeed.
- Flexible Loan Criteria: Catering to a wide range of construction projects, from single-family homes to condos and townhomes, our program is built to support your vision.
- Expertise and Support: Our team brings a wealth of experience in construction financing, offering personalized support to navigate the complexities of your project.
Program Highlights
Comprehensive Loan Coverage:
- Loan Terms: Flexible 12 to 24-month durations to match your project timeline.
- Loan Amounts: From $100k to $2M, accommodating projects of all scales.
- Property Value: Minimum $150k as-completed value, recognizing the future value of your project.
Tailored Financing Solutions:
- Versatile Collateral Options: Financing for non-owner occupied single-family properties, condos, townhomes, and more.
- Adaptable Loan-to-Value (LTV): Offering up to 75% of the as-is value and up to 90% loan-to-cost (LTC) for maximum project leverage.
- Inclusive Rates: Starting at 10.99% to ensure your project’s profitability.
Tiered Loan Program:
- Experienced Investors: Enhanced terms for those with a track record of successful construction projects.
- New Investors: Welcoming new customers with competitive financing options to kickstart your construction journey.
Streamlined Application Process:
Ternus Lending simplifies the application journey, enabling you to focus on what you do best—building exceptional properties.
Get Started on Your Construction Project Today
Ready to Lay the Foundation?
Apply for a New Construction Loan now and take the first step towards realizing your construction project with Ternus Lending. Our team is ready to support your venture with the funds needed to succeed from start to finish.
Discover the Ternus Difference:
With Ternus Lending, you gain more than just a financier; you secure a partner committed to your project’s success. Contact us to explore how our New Construction Loans can bring your vision to life.