Typically, we do not do residential deals unless it is a portfolio or subdivision development consisting of more than five homes in the deal. However, this deal had several homes being developed in a great area! The client had already finished the horizontal infrastructure on the property and just needed additional capital to go vertical and complete the project.
Thanks to the collateral and experience of the borrower, we were able to get the deal done. If you have a portfolio or subdivision development deal, just give us a call at (888)959-1648 or send us the details through our fast Loan Finder App to run the deal by us!