START YOUR CONSTRUCTION PROJECTS WITH AMERICAP DIRECT individual
1 year ago - Jobs Offers - Fort Valley - 635 viewsAds Details
Program Highlights for construction projects: Key Projects: Ground- Up Construction/Development/Specialty Projects Geography: Nationally Loan Amount: $1,000,000 to $50,000,000 Funding time: 60 to 90 days Interest Rate: 6% to 9% Fixed (1% rates for Churches) Amortization: up to 25 years Term: 5 years – Also can structure a construction to permanent loan with interest only during draw down periods. Points: 3% total for $10 million and below OR 2% total for $10 million and Above Prepayment Penalty: None Non Recourse OPTION 1.) 90% Financing, 10% Deposit needed from Borrower OPTION 2.) 100% Financing, (10% Deposit from Borrower returned at closing) - Only for strong credit, high net worth applicants with solid business resume, existing equity. **Additional points may be charged if Investor Group funds the 10% deposit.
Americap Direct
8300 FM 1960 West Suite 450
Houston TX 77070
Tel; +1 (877) 310-5500