Emerge Lending offers SPEC construction loans to assist developers, homebuilders, and contractors in securing the up-front cash they require in order to purchase property and begin building a project with the idea of selling it after construction has been completed.
When more traditional forms of construction financing are not an option, SPEC loans can be used to offer funding for projects that have the potential for large returns.
Whether you build 1 or 100 projects a year, call on Emerge Lending to find you SPEC construction loans (and loans for pre-sold homes) with good terms and great rates.
Use for houses, townhouses, duplexes, triplex, quads, and 5+ unit multifamily residential.
If you want to learn more about SPEC construction loans, book a call with us today.