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SPEC Construction Loans | Frequently Asked Questions
o Light Commercial
What is Incremental Funding?
Incremental funding is the release of money during various stages of a construction project. The total amount of the loan is not released all at once, but is released in smaller amounts referred to as increments or draws.
For example, with a $300,000 loan, the borrower may receive $75,000 at the start of the project. Then as the project continues,...
Related topics : loan calculator payment amount / credit score loan approval calculator / credit score loan calculator / low credit score loans / hard money loan calculator
California Rehab Financing | California Hard Money Financing
Vanguard Hard Money can help. The equity in your property is more important than your credit score or tax returns. Our hard money programs are designed with simplified documentation and quick funding in mind.
Vanguard Hard Money has financed thousands of real estate...
Related topics : hard loan money / commercial property loan / business property loan / commercial business loans
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