Presidential Loan Products.....
Lending Overview ..%2F: Home Mortgage Programs ..%2F: Apply Online for a Home Mortgage
Home Equity Loans  ..%2F: Car Loans ..%2F: Commercial Lending

Construction Loans

Representative Transactions

calculator Commercial Real Estate Pre-Qualification Loan Calculator

Property Types Restrictions

Business facilities
Office and other income property
Commercial construction/permanent loans - for business use and income property
New home (speculative, pre-sold and custom)
Residential land development

Permanent take out commitments may be necessary for commercial properties.

Certain restrictions apply, call for details.
Loan Amounts Lending Area

$250,000 to $2,500,000

Higher amounts may be available to qualified borrowers

 Mid Atlantic States
Interest Rates Loan Maturities

Construction Loans - Floating based on Prime (per Wall Street Journal)
Permanent Loans - Adjustments based upon Prime and 1-, 3-, and 5-year ARMs

 6 months to 2 years (construction only)
Up to 10 years, plus construction period (construction/permanent loans)
Origination Fee Loan to Value Ratio

1 % - 1.5% of Loan Amount

 Up to 75% of appraised value
  Contact
  Jack Tarquini

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last updated 10/11/2010 lmm
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