Construction take out loan replaces a construction loan with a more traditional long–term mortgage with 3 to 5–year term. It can be arranged during any phase of the construction project. The loan will pay off and replace any existing loans plus provide additional funds, if required.
Financing is available for all stages of the development cycle – land, construction and inventory loan.
We work with you to provide funds that will complete your project and secure flexible payment options you need to maintain high cashflow. Interest only, open mortgage with ability to lock in to decent fixed–rate mortgage available once construction completes.
Connect with us today, we’ll assess your overall construction take out options and provide the best feasible solution.
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