Loan Offerings
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Loan to Cost: Up to 100%
LTARV: Up to 75% ARV
Credit Score: No Minimum
Appraisal: Not Required
Close in As Little as 5 Days
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Up to 90% Purchase
No Appraisal Options
No Minimum Credit Score
12-24 Month Term
ALL Asset Types Considered
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Up to 85% Purchase
Up to 80% Cash Out
No Seasoning on Rehabbed Properties
No Minimum FICO
30 and 40 year Terms
Below Market Rates
Close In 14 Days
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We'll consider all commercial assets in both DSCR and rehab loans. Because of the complexity of commercial financing, we'll need to get on a call to discuss!
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There are a lot of factors when it comes to land development loans. First and foremost, there is the cost of the property that will be purchased and broken up into smaller subsections that will be improved to make room for businesses of all kinds. In addition, there are the hard costs, which refer to the cost of the construction of the buildings that will house the businesses that rent them. These properties are often built in a generic manner so they can be tailored to the needs of a variety of business types. Finally, there are several soft costs that should be included in the lending for this type of real estate investment. These costs include sales commissions, interest reserves and more. Be sure you understand all of the associated costs so you obtain the appropriate amount of funding you require.
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A construction and land loan is a short-term loan that finances the price of the land and the construction costs to build on the property. Similar to other hard money loans a portion of the funds are used for closing costs while the rest is held escrow. As for the construction funds, they are distributed in portions from completed and inspected phase-to-phase projects in the building process. This is done to make sure the project stays on track and within budget.
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Looking to avoid foreclosure? We can probably refinance you out of that troubling mortgage into a new loan.
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Have a lot of equity in a deal and need cash quick? Hard Money is the way to go!
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Get up to 100% of the construction cost covered. Also finance horizontal development when needed!
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Need quick short term capital to acquire or renovate a multi family asset? We are here to help!
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Need stabilized long term capital at a fixed rate to cash flow your multi family property?
“We have completed several transactions with Jaken Finance Group, and can't recommend them enough. Responsive, diligent, and a true expert in the field. I will continue to work and recommend ***** and team for their efficient processes and creative solutions.”
-The Nest Vacations ⭐️⭐️⭐️⭐️⭐️
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