New construction loans are short-term loans that enable the construction of a project to completion. Upon completion, the permanent loan or “end financing” will be used to pay off the interim new construction loan. The term on a construction loan is short duration of 6 months to a year.
At Elite lending Partners we are direct lenders that have extensive experience with providing funding for acquisition and rehab projects as well as bridge financing. Our loan program allows for flexibility and quick access to capital that is in line with our swift underwriting procedures. We lend on loan sizes up to max of $5M on a 1 to 2 year short-term loans.
With Elite Lending Partners loan options, you can use blanket and portfolio loans to cover gaps in financing over multiple properties all at once. Real estate investors and property developers can now fund projects that require financing for Real Estate Acquisition Loans, Fix to Flip , and refinancing instead of taking out loans for each property. Reduce your needs for loan consolidation by using blanket and portfolio loans.
Financing for purchasing, repositioning, or refinancing multi-family, apartment, and commercial properties.
Access the highest leverage, and lowest rates. Multi-family loans have evolved along with the market for the last 10 years, continuing to learn, grow, and connect with new partners across the country in order to provide unrivaled advisory service in the multi-family finance space.
Invest in the future of your real estate portfolio with a flexible and versatile DSCR loan. Our DSCR loan is the best choice for financing your real estate investment properties.
Our customized DSCR Portfolio loan gives you the flexibility to fund multiple investment properties. With our DSCR Portfolio Loan, you have the freedom to explore all the possibilities and customize your financing according to your investment strategy.
For projects that need to be completed in stages, it can be challenging to secure financing all at once. Many times, there are gaps left while larger funds are still in the pipeline. Unfortunately, this means entrepreneurs have to hold off on taking action or readjust timelines across the board. At Elite lending Partners, our goal is to offer bridge loan solutions to keep projects on track.
At Elite Lending Partners our Lite doc commercial loans look at a combination of supporting income documents without the need to provide full financials to verify serviceability for a proposed mortgage. What is a commercial lite doc loan? Commercial lite doc loans are loans with less supporting financial income documents than normal full doc loans.
Good credit qualifies you for great rates. Elite Lending Partners offer great rates and terms for loans that meet bank-compliant guidelines by taking into consideration the strength of the borrower while still offering the flexibility you’ve come to know us by.
Expand your small-balance mortgage origination business with solutions for investors of 1-4-unit residential properties. Featuring fast closings and competitive rates, this stated income program is a smart alternative for clients looking to transition out of a short-term loan or acquire a new investment property.
We invite lenders to join our mission at Elite Lending Partners, where we are dedicated to reshaping the landscape of property lending. Our vision is to create a more accessible and streamlined lending experience for our clients, revolutionizing the way they secure real estate financing.