CBC Financing Terms
TERMS
CBC offers some of the most competitive financing options for builders and developers. Below is an outline of our core loan programs. This is a general guide to better understand our lending parameters. Please contact us directly for specific terms on your next project.
LOAN PARAMETERS
Loan Types
100% Financing
Traditional Hard Money
Loan Size
$200,000 to $3 Million
$200,000 to $3 Million
Loan Term
6-18 Months
6-18 Months
Loan to Value (LTV)
80% LTV
$200,000 to $3 Million
Down Payment
No Money Down
20-30%
Time to Close
As few as 10 days
As few as 10 days
Interest Rates
9.50-11.00% (Approximately)
12.00-15.00% (Approximately)
Points
1.50-2.00%
As few as 10 days
Profit Split
Yes
No
Interest Payments
Options to Defer
Due Monthly
Lending Area
Greater Boston Area, Southern NH, Southern ME
Greater Boston Area & Southern NH
Builder first financing for residential construction across Greater Boston.
CONTACT
Office: 978.255.2949
76 State Street
Suite 206
Newburyport, MA 01950