Real estate developers
Investors building single-family homes, multifamily, or commercial prorties
Builders with a clear timeline and exit plan (sale or refinance)
Loan Type: Short-term (typically 12–24 months)
Loan Amount: Based on the total project cost or after-construction value (ARV)
Disbursement: Funds are released in draws based on construction milestones
Interest-Only Payments: During construction
Exit Strategy Required: Often refinanced into long-term loan upon completion
For real estate investors or developers constructing new residential homes to sell or rent.