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Construction Loans

construction.jpgLooking to finance the construction of a new business?  Home Equity Mortgage Corp. can assist in providing you with the funding you need to build. Whether it is for building a new home, apartment building,  office building, strip mall or warehouse  -  Home Equity Mortgage Corporation  has the loan for you.

Loan to Value Rations:

  • Residential 70% LTV, based upon completed value
  • Commercial up to 65% LTV
  • Monies will be drawn out (usually 2-6 draws)
  • Second mortgages, on a case by case basis
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