Whether you are an experienced builder or just starting out, it seems that the banks have tightened the guidelines when it comes to construction loans, making it almost impossible to operate in our current economy. Unless you have large sums of money on deposit, it seems like they are trying to find ways to discourage you. If construction/development projects are being prevented by your ability to acquire construction financing, we encourage you to reach out to the AMS team!
At Alternative Mortgage Solutions, we work with investors who understand the construction industry, many of whom have already been in your shoes and are prepared to help you reach your goals by providing some equity lending for your construction project.