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Pre-Development Loans

Pre Development
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  • Size of Loans: up to $1,500,000
  • Term of Loan: up to 5 years
  • Rate: 5.75%-7%  (Determined by Loan Committee) with Quarterly Interest Only Payments
  • Fees: 1.5% origination fee
  • Security: Loans can be made unsecured with full recourse to developer’s balance sheet. Senior or subordinate liens are preferred and may be required.

 

For more information about NHT Lending, please contact the lending team