Dream it. Build it. Zig it.
Construction Draw Inspections
Per-Draw fee structure and online automation
system makes us one of the fastest, least expensive,
full service funds control company.
PROTECTING CONSTRUCTION CAPITAL SINCE 1936
3007 Telegraph Ave
Oakland, CA 94609
Joint Control License: 96DBO-50315
We’re here to help you grow your business
Give your clients what they need – great terms, competitive
rates, and reliable pricing. Plus, get exclusive broker
incentives just for you.
WWW.VERISTONE.US or CALL 877-891-6078
Veristone Mortgage, LLC | NMLS #1106440 | Idaho Mortgage Broker/Lender License
MBL-8640 | Oregon Mortgage Lending License ML-5288.
FUND MORE DEALS
BROKER HARD MONEY
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ScotsmanGuide.com/LoanPost Search matrix: ScotsmanGuide.com/comconstr
Matrix: Construction Lenders
Seattle Funding Group Ltd.
12M 75 65 18YY Y Y YYYY Y
Direct Lender AK AZ CA CO HI ID NV OR TX UT WA For California properties, contact the San Diego office at 858-751-0556. For Arizona properties, contact the Scottsdale office at 480-455-5047.
Sundance Bay Debt
10M 85 75 18YY Y YY YYYY Y
AZ CA CO FL IA ID IL IN KS KY MI MN MO MS MT NE NM NV OR TN TX UT WA WI WY
Private real estate lender. Broker friendly. LTV: up to 75%. LTC: up to 90%.
Loan types: construction, bridge, value-add, refinance & notes. Terms: 3-24 months. No exit fees.
maximum loan size
may not apply to all
property types and/
or in all regions and
is subject to change
Construction lenders provide loans for
new construction, rehabilitation, renovation
and permanent financing of income-producing
properties. This matrix assumes the lender
offers both new construction and rehab/
1 Index used: LIBOR, WSJ, T-bills, COPI
2 Construction or rehab only,
max. term in months
3 Lending to Corp., LLC,
LP, legal entities
4 Interest-only offered
5 Floating rates offered
6 Prepayment penalty;
exit fee required
7 Line of credit style
8 Mini-perm available
9 Conversion to permanent offered
10 Permanent loan commitment
required prior to closing
11 Gap funding allowed
12 Subordinate financing allowed
13 Participating financing offered
14 Recourse required
15 Land acquisition and
16 Construction take-out
17 Construction completion
18 Non-owner-occupied residential
19 Owner-occupied residential
20 Agency lending programs:
HUD, SBA, USDA, FNMA
21 Private money
LOAN TYPE / PURPOSE / PARAMETERS LOAN LIMITS
LENDERNAME Min Max Max LTC% Max LTV% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
LTV% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
Companies bearing the Proven Direct Lender designation have undergone a reasonable verification process to confirm the lender’s direct-lending capabilities. Scotsman Guide Media does not assume any obligation or liability for this designation. The inclusion of the Proven Direct
Lender designation is a paid advertisement and should not be construed as a recommendation or endorsement by Scotsman Guide Media.
These companies are display advertisers with Scotsman Guide
Media. See the Display Advertiser Directory on Page 14 for more
Scotsman Guide makes every attempt to ensure the quality of matrix and directory information, which all listed lenders verify or update monthly. Because of the production cycle and dynamic nature of the industry, loan product
terms and availability may not reflect the latest changes. Please contact lenders directly for the most-recent program details. If you believe data is inaccurate or misrepresented, please e-mail: firstname.lastname@example.org.