Bulder Mezzanine Loans from Pink Loans
Builder Mezzanine Loans are like second mortgages on real-estate, but for commercial projects. If a builder already has a mortgage on a property, then a mezzanine loan would provide extra cash. Mezzanine lenders may have different criteria to a standard commercial real-estate lender and this is where they can become very useful. A commercial construction lender may only be prepared to loan 60% of the total amount, whereas a mezzanine lender may be prepared to offer a further 20%.
Normally builder mezzanine loans are designed for big projects of over $1 million. They are designed for professionals in the construction and building industry, not home-owners requiring an extra mortgage.
Recommended Builder Mezzanine Lenders
We've hand picked a few lenders who we believe offer a good mix of loans to suit different needs. All the following can provide you with quick quote simply by filling out their online quotation. You are under no obligation to go any further with the loan application, and your details are always kept confidential.