TO APPLY, REVIEW PRODUCT NEEDED
TO APPLY, REVIEW PRODUCTS NEEDED
New Development Loan
New Development Loan
eQcho’s development loan product…
specially tailored to facilitate the acquisition of fully prepared land parcels with a comprehensive budget for horizontal expansion, this financing option is ideal for the inception of new neighborhoods. eQcho Capital offers a comprehensive solution that covers property procurement, horizontal development, and the simultaneous construction of multiple vertical units.
Apply for Your Development Loan Today!
What is the Purpose of a Development Loan?
Consolidate and streamline your AD&C financing for construction projects with an ‘All-In-One’ loan, providing a valuable solution for experienced developers and builders.
“Wow, a big thank you, Eqcho Capital. Robert was fantastic to work with. He was persistent in getting the job done, coordinating with the appraisal, underwriting, and the title company. Robert’s group at Eqcho Capital did a great job. I’m extremely satisfied and would highly recommend Eqcho Capital as a funding resource. Looking forward to working with Robert and Eqcho Capital in the future.”
Minimum Requirements for a Development Loan
Property Types Accepted
- Horizontal – Entitled land with zoning in place.
- Vertical – Single Family, Condo, 2-4 Unit Properties, Townhouses
Minimum and Maximum Loan Amounts
- Min Loan Amount: $3M
- Max Loan Amount Per Phase: $20M
- Max Loan Aggregate Amount: $100M
General Requirements
- All lending for investment purposes only
- Interest calculated on drawn balance unless Gross Interest is selected
- Construction draws based on inspection report or supporting documentation
- 1st Lien Position always
