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RESIDENTIAL CONSTRUCTION
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COMMERCIAL CONSTRUCTION LOAN

This program is designed to provide a business loan for a Builder constructing a commercial property (Office Buildings, Retail Stores, Shopping Centers, Warehouse/Flex Space, 5+ Multi-Family units and most other income generating properties). Upon completion of the property, the loan may be converted to a permanent loan with Normandy.

    The Normandy Advantage:
  • Fast pre-qualification, typically between 1 to 3 business days
  • Deal Directly with Loan Officer/Underwriter
  • Loans are available to Borrowers with excellent to less than perfect credit
  • Flexible draw schedules
  • Owner and Non-Owner Occupied Commercial properties are eligible
  • Self Build Borrowers are allowed
  • Land purchase may be included in the construction loan, up to 75% of the lot purchase price
  • Up to 18 month terms available (longer terms available on an exception basis)
  • Loan amounts up to 75% of the appraised value
  • Interest only payments based on funds drawn
  • Full income documentation, self-employed, limited income and stated income programs
  • Loan amounts from $75,000 to $5,000,000

Loans available in the following states: AK, AL, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MO, MT, NC, NE, NH, NJ, NY, OH, OK, OR, PA, RI, SC, TN, UT, VA, WA, WY

Call today @ (800) 390-7536 or click the "Contact Me" or "Pre-Qualify Now" button above.

The "Pre-Qualify Now" link is for NON-BROKERS ONLY. Brokers should refer to Broker Center. Broker Agreements will not be honored by Normandy if Broker submits a Pre-Qualification using the consumer link above.

NORMANDY CORPORATION
Principal Business Address: 46 Prince Street, Rochester, New York 14607
585-256-2600 * 800-390-7536 * Fax: 585-256-2836
Email:
info@normandy.com
Hours: Monday - Friday   9 am to 5 pm


 

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