High-velocity financing for the construction of single-family homes, townhomes, duplexes, and condominiums. This product is optimized for builders managing multiple "starts" across a subdivision.
Typical Loan Structure
Max LTV
75% for Specs / 80% for Pre-sold
Term
9-18 months plus underwritten extensions
Loan Amount
Up to $3M per home/unit
Recourse
Full recourse to the borrowing entity and related corporate entities
Why Choose Us
Scalable Spec Support: We provide the "spec" capacity that regional builders need to maintain sales momentum, often exceeding the rigid spec limits of local depository banks.
Fast-Track Draws: We utilize a streamlined process for monthly disbursements based on third-party inspection verification of "percentage complete". We do our draws “in house” and do not farm you out to a third party.
Portfolio View: We underwrite your entire platform, not just a single roof, allowing for a master credit facility that grows as your absorption rates increase.
Core Markets
Washington
Idaho
Oregon
Utah
Arizona
Secondary Markets
Markets in the Continental United States considered on a case-by-case basis.
Who We Lend to
Tier I Builders: Large, scaled regional production builders or regional divisions of national builders typically managing 100+ units per year across multi-phase subdivisions.
Tier II Builders: Strong local builders completing multiple infill or small subdivision projects per year, typically with 10+ vertical starts annually.
Sponsorship: Developers with 5+ years of relevant experience and established track records.
Who Don't Lend to
Consumer/Retail Borrowers: We only lend to entities (LLCs, Corporations, etc.) for commercial business purposes.
Sole Proprietorships: Non-entity borrowers are generally outside our lending scope.
“Cedarline made the financing process seamless. Their team truly understands what builders need to stay on schedule."
– [Customer Name], Developer
Ready to Build Your Next Project?
Our team is here to help. Contact Cedarline Lending today to discuss your financing needs and take the next step toward success
