Construction Loan Marketplace

It is common knowledge that banks and credit unions offer great rates. In order to get those rates, there are requirements of extra time, paperwork and skin in the game to adhere to the policies of the lender. CoFi maintains relationships with local and national lenders that provide traditional money.

Mid-tier lenders know that sometimes a builder or a project don’t fit with either traditional or private money groups. These lenders see a need to take care of the small and medium builders with specialized rates and terms that fall in the middle. CoFi holds relationships with these lenders to meet the needs of all builders and all project types.

Hard money lenders are likely the most misunderstood and often a hidden gem in the lending marketplace for builders. While their rates may be higher, they compete because they decide fast and offer attractive terms to minimize the out-of-pocket expense to the builder. Private lenders maintain great relationships with CoFi to best suit the needs of their clients.