Home loan mortgage rates.com refinance

Building construction loans typically cover the putting up of a structure, only, unless otherwise noted. Such loans may run for about three years, or less. Construction funds are usually high cost-typicaly 12% interest or more.

Construction lenders are often more eager to provide a loan if the prospective borrower already owns the land on which the construction will occur. Interim financing may be useful in buying the land and then getting the desired construction financing.

COMPLETE OWNER-BUILDER SERVICES (COBS) HOMES LLC

2221 S. El Camino Real

Oceanside, CA 92054

888-477-2627

info@cobshomes.com

http://www.cobshomes.com/loan.html

COBS Homes is an owner-builder support services company, involving a partnership between COBS and The Home Depot, Inc. COBS Homes "was founded to help people through the process of building their own homes. We have developed an ABC program to help with finance, real estate, and construction decisions. COBS provides services to help you with construction loans, home plans, building lots, building materials, construction budgeting, and the entire process of building a home."

Construction Loans Features:

* One time close, construction-to-permanent loan.

* Loans up to 3,000,000

* 100% Construction Financing up to $500,000

* Maximum 90% loan to value (LTV).

* Up to 12 months to complete the construction of the home.

* No "out-of-pocket" interest payments during the construction period and interest-only accrual on funds as disbursed.

* Permanent financing has competitive rates for 15-year, 30-year, or 3/1 Treasury ARM products.

* Permanent loan rate improvement option at completion of construction.

* Full, alternate and stated loan documentation loan programs.

Construction Loans with the COBS Homes Program:

* No money down 100% construction financing available.

Construction Loans with a General Contractor (GC):

* 5-15% down payment.

* General Contractor must be licensed and approved by lender.

* General Contractor will supply a signed building contract and construction budget with customer.

* Lender must approve construction budgets and home plans.

Owner Builder Construction Loans with Project Manager (PM):

* 5-15% down payment.

* Project Manager must supply resume and be approved by lender.

* Customer must supply written building agreement and construction budget with Project Manager.

* Project Manager must be on-site to manage the construction project.

* Lender must approve construction budgets and home plans.

Land Loan Features:

* Minimum 20% down payment.

* Land must be under 10 acres.

* Land must be deemed zoned for single family residential construction.

* Additional requirements exist.

Other Loans - Many other loan products are available: Remodel loans, Refinance loans, , Purchase loans, Bridge Loans.

Application Information: Available from the company by request and from the Web site:

http://www.cobshomes.com/new-contact.php3

CONSTRUCTIONLOANS.COM

2312 Aqua Hill Road

Fallbrook, CA 92028

(760) 731-1169

info@constructionloans.com

http://www.constructionloans.com

Online brokerage specializing in residential and commercial construction loans. "Your one-stop shopping source for all your construction-lending needs. From lot acquisition through final take-out loan we can provide the guidance and expertise you need to fund your project economically, expeditiously and efficiently. Whether you are building your own home, spec building or building a custom home for a client, we have lenders waiting to help."

Also offers construction/development financing for Custom Homes, Spec Homes, Owner/Builder, LTV's to 95%, Land Loans, Land Payoffs, Construction to Perm, Major Additions & Remodels, Tracts & Development, and Financing.

Application Information: Available from the company by request and from the Web site:

http://www. constructionloans. com/contactus.jsp

CONTINENTAL MORTGAGE CAPITAL INC

11555 Heron Bay Blvd, Suite 200

Coral Springs, FL 33076

(954) 603-0420

(954) 603-0421

lending@trillions.com

http://www.commercialending.com

Offers several commercial lending programs, including Large Construction Financing. Details of the construction loan program include:

* $5,000,000 to $80,000,000

* Our construction money starts at $5 million

* Nationwide-All 50 States

* All property types considered but prefer apartment/condo/multi family building projects

* Floating rate: Starting at 3.75% based on LIBOR plus 2

* Interest Only

* Construction to Perm with no prepay available

* Max LTV 85%

Application Information: Available from the company by request and from the Web site:

http://wwwcommercialending.com/webforms.html

DAIMLER/CHRYSLER CAPITAL SERVICES, INC.

Merritt Seven, Suite 700

Norwalk, CT 06851

203-847-6883; 800-237-0272

http://www.dcxcapital.com

Description: Commercial real estate mortgage lender. Provides asset-based loans (receivables & inventory), including loans for construction and industrial equipment, commercial real estate, and boats.

Loans: Loan offerings include a fixed-rate loan program for small-to-mid-sized loans and a longterm, fixed-rate, assumable-term loan program.

Brokers protected.

Application Information: Available from the company by request and from the Web site:

http://www.dcxcapital.com/custserv.html

DAVIS, LAMB, & WILLIAMS FINANCIAL CORP.

428 Fourth Street, Suite 2

Annapolis, MD 21403

410-267-7778

410-267-0250 StnWlms@aol.com

http://www.prime-rates.com/commercial.html

Description: Direct commercial mortgage lender. Commercial financing is available for all types of commercial properties.

Loans: Loan offerings include a fixed-rate loan program for small-to-mid-sized loans and a long-term, fixed-rate, assumable-term loan program. Brokers protected.

Loan Types include: first mortgages, second mortgages, construction loans, equity loans, working capital loans, asset-based loans, and hard money loans.

Sample highlights of one of the company's loan programs: loans up to $1,750,000 with up to 25-year terms; up to 90 percent loan-to-value financing for existing companies; competitive rates with no prepayment penalties; closing costs can be financed; loans may include a combination of real estate and equipment financing; construction, renovation, or expansion and working capital can be included in the loans.

DL&W Financial provides refinancing for ballooning and/or high interest rate commercial mortgages. DL&W can refinance first mortgages and increase the loan to cover improvements at the same time.

Application Information: Available from the company by telephone request.

ENCINO STATE BANK

16000 Ventura Blvd., Suite 100

Encino, CA 91436

818-789-9055

(818) 789-9024

http://www.encinostatebank.net

Description: State-chartered commercial bank focusing on providing financial services to organizations with average revenue of $1 million to $10 million.

Loan programs include: commercial real estate loans, construction loans, equipment leasing, lines of credit (secured or unsecured), and term loans.

Application Information: Available from the company by request and from e-mail address:

mailto:dlang@encinostatebank.net

FIRST BETHANY BANK & TRUST

P.O. Box 218, 6500 N.W. 39th Expressway

Bethany, OK 73008

405-789-1110

(405) 787-2841

info@firstbethany.com

http://www.firstbethany.com

Description: Commercial bank. Provides investment property financing, equipment and inventory financing, working capital line of credit, builder/developer loans, and commercial mortgage loans. Operates in OK.

Application Information: Available from the company by request and from the Web site:

http://www.firstbethany.com/site/inc/ficontent/contac t.html

GIBRALTAR MORTGAGE LTD.

Suite. 300, Gibraltar PI, 1000-9 Ave SW,

Calgary, AB CANADA T2P 2Y6

403-270-7000; 888-878-0677

403-233-8115

http://www.gibraltarmortgage.com

Specializing in interim and short-term financing on projects including residential and commercial construction, acquisition and land development. In addition, Gibraltar offers single-family CMHC-insured first mortgages. Gibraltar's proven success has been lending in niche markets not serviced by traditional finance sources. Gibraltar provides its services from Ontario west to British Columbia.

Types of loans: Construction/renovation: multi/single family; commercial/industrial; retail; senior assisted living. Land: subdivision servicing; subdivision creation; land assembly. Acquisition: undervalued/redevelopment properties; land development. Refinance: bridge financing between lenders; change in property use; transition lending during work out period.

Financing Criteria: Gibraltar is an asset-based lender, evaluating the strength of a loan on the value of the underlying real estate asset and the exit strategy. These loans are typically first mortgages with terms of one year or less.

Loan to value ratios: Up to 70% on urban developed projects; up to 65% on acreages and rural developed projects; up to 50% on raw land and land servicing projects. Payments: monthly interest only.

Application Information: Available from the company by request and from the Web site:

http://www.gibraltarmortgage.com/GIBLEN/lenp4/br -p4.html

GMAC COMMERCIAL MORTGAGE