Real Estate Development

Prime 1 Lending Inc. allocates substantial resources to purchase, rehabilitate, and sell luxury homes. Our development strategy targets high-margin opportunities, contributing significantly to our revenue growth.

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Our Real Estate Development loans are structured to accommodate the complex nature of real estate projects. We work closely with developers to understand their project scope, timelines, and financial needs, offering customized loan packages that align with their objectives. From the initial acquisition of land to the final stages of construction, our team of experts is committed to providing the resources and guidance necessary to ensure your project's success.​​

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Why choose our Real Estate Development Loans:
 

1. Comprehensive Financing: Our loans cover all aspects of your development project, including land acquisition, construction costs, and project management expenses. This all-in-one solution simplifies the financing process and ensures you have the funds needed at every stage of development.

2. Flexible Draw Schedules: We offer flexible draw schedules that align with your construction timeline, allowing you to access funds as needed throughout the project. This helps manage cash flow effectively and ensures that your project stays on track.

3. Competitive Interest Rates: Our Real Estate Development Loans come with competitive interest rates designed to maximize your return on investment. We work to provide terms that are both favorable and sustainable, helping you achieve your financial goals.

4. High Loan-to-Value (LTV) Ratios: We offer high LTV ratios, allowing you to borrow a significant percentage of the project’s value. This means you can undertake larger projects with less upfront capital, enhancing your ability to scale your operations.

5. Expert Guidance and Support: Our team of experienced lenders provides ongoing support throughout your project, from initial planning to final completion. We offer valuable insights, industry knowledge, and personalized assistance to help you navigate the complexities of real estate development.