Construction Loan Program

When your projects include real estate properties, obtaining financial assistance from traditional channels is not your only option.

When you work with Grand Pacific, you get access to the funding you need, structured in the most advantageous way for you.

With extensive experience in the construction financing industry, we understand that it will take time for return on your investment. We will work with you to structure your commercial construction loan package so your repayments offer the most favorable and flexible terms. This way, you can focus on making your real estate project profitable without the pressure of worrying about your loan. You can rest assured we are just as committed as you to ensuring your projects succeed.

Loan Criteria:

  • Amount: $1 million to $8.5 million
  • Property types: Single Family Residence and Multi-Unit Dwellings
  • Lending Area: California
  • Term: Up to 24 months
  • Interest Rate: Minimum 3.99% over WSJ Prime
  • Maximum LTV: 80% based on Completion Value
  • Maximum LTC: 80% based on Total Project Cost
  • Repayment: Interest Only (IO)
  • Lien Position: 1st Lien
  • Lender Loan Fee: Varies
  • DSCR: Interest Reserve Available
  • Funding may including: Land Draw, Hard & Soft Construction Cost, Interest Reserve

Download Loan Criteria