Construction Loans
For real estate investors looking to undertake significant construction or extensive renovation projects, construction loans are an invaluable resource. Whether you're building residential, commercial, or mixed-use properties, ATC Managers provides the expertise needed to structure and secure the necessary funding. We work closely with you to understand your project's requirements and navigate the complexities of construction financing.
While traditional banks often shy away from financing distressed properties, we embrace these opportunities. We view construction loans as a vital tool for community improvement and revitalization, helping borrowers achieve their investment goals and bring their visions to life.
General Loan Rates and Terms
Loan Sizes:
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Ranging from $5,000,000 up to $80,000,000+
Fixed Rates:
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Starting at 8.5% APR
Monthly Payment:
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Interest Only
Loan Term Duration:
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6 to 48 months, extensions available
Loan-to-Value (LTV) Rates:
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Up to 85% LTV for commercial properties
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Up to 70% LTV for raw land
Loan-to-Cost (LTC) Rates:
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Up to 90% LTC for construction and renovation projects
After Repair Value (ARV) Rates:
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Up to 70% for fix-and-flip projects
Closing Costs:
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Typically range from 1 - 5 Points, paid by borrower, includes appraisal, legal, and processing fees
Collateral Options:
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Flexible collateral requirements including real estate, equipment, and inventory
Pre-Payment Penalty:
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No additional fees for paying off your loan early
Average Funding Duration:
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10-15 days from application to funding
Service Areas:
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Nation-wide
Let's work together to find the perfect funding solution for you. Fill out our online application today and take the first step towards achieving your financial goals.