Construction loans los Angeles

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Construction Loan
Sunset provides construction and Rehabilitation
loans to investors. These loans operate as line
of credit where the borrower may access those
funds for construction purposes. The caveat is
that these loans are only drawn when certain
portion of the project is completed as it
operates for construction reimbursement. The
disbursement of funds is done through a fund
control to ensure work has been properly
performed.
No Payment on Construction Holdback
No payment on construction hold back is HUGE.
Imaging having to pay on money that you do not
have access to. For instance if you borrow 1
million for construction portion of your project
at 9, you would have to pay 90,000 per year on
monies that you did not use. Assuming if the
purchase money loan is too 1 million, then you
effective interest rate is 18. At Sunset you do
not pay for construction hold back to the extend
that its not used.
Our Experts at Sunset Equity can help fund your
Construction loans. We lend Hard Money the Easy
Way and are Los Angeles Based. Contact us today.