Construction Loans
T-Max Lending construction loans are asset-backed loans secured by real estate. Builders who take out such loans typically cannot secure conventional bank loans, a common challenge in today's construction market. As a result, they are often willing to pay higher interest rates to private money lenders to close the transaction. These construction loans are ideal for real estate investors, builders, and developers seeking competitive financing for the acquisition, development, or construction of ground-up projects.
Construction loans often include funds for purchasing raw land as well as for building costs, which are paid out in periodic "draws" once the builder meets predefined milestones. We provide certainty of funding not only during the construction phase but also offer long-term financing once projects are stabilized.