Construction and Rehab Loans

Agri-One Financial has the experience you need for new Construction and Rehab loan funding. Appropriate properties include:

  • Apartments / Multi-Family
  • Senior Living and SLF Facilities
  • Hotel/motels

Other property types:

  • Gas Stations / Retail (strip mall and separated) / Offices
  • Industrial / Restaurants
  • Development projects from $5 MM and higher

Construction Loans

  • Conventional Loans – ($10 MM minimum loan amount No Maximum)
  • Up to 75% LTV (*Completed Value not cost)
    • Senior Living and Assisted Living facilities
    • Others – Contact us for details

Rehab 

  • Up to 65% ARV (*Completed value not cost)
  • Sr. and ALF
  • Multifamily
  • Hotels and Motels
    • Must be flagged / Full service only

Terms- 12 months to 25 years

  • Variable or fixed rates
  • Interest only during construction / Amortization after completion
  • Geographic Locations / Major metropolitan areas in US only
  • Loan Type – Structured as first loan
  • Monthly Draw
  • * Loan amounts based on pro-forma stabilized value

FHA HUD LOANS  

Up to 83% LTCost  ($4 MM minimum loan amount)

  • Multifamily / Senior Living / Assisted Living / Hospitals
    • 40 year fixed rate and 40 years amortization
    • 12 + months to fund
  • Recourse Construction Loans – ($3 MM minimum loan amount No Maximum)

Up to 70% LTCost

  • Multifamily / Senior Living / Assisted Living
  • Other :Student Housing / Office / Shopping Center / Hotels
  • * Interest only 24 months
  • 36 months fully amortized after completion and stabilization

Rehab Loans (Minimum Loan amount $1 MM)

  • Up to 65% ARV (after repair value not cost)
  • Multifamily
  • Office / Senior Living or Assisted Living
  • Hotel / Motel
  • Retail

Great for purchase of Non-Performing Properties at low prices; rehab; stabilize and sale or refinance at long term low rates and or cash out.

Please Call to Discuss Details 303-773-3545 steve@agrionefinancial.com