Redevelopment and Construction Financing

Clipper Commercial Capital provides funding solutions for the residential redevelopment and new construction markets. Whether you’re improving or renovating existing properties, or taking a single family, multi-family or larger project from the ground up, our team will work with you create a financing solution that fits your requirements.

Redevelopment / Fix & Flip Financing

For those who take on Redevelopment (fix and flip) projects, Clipper Commercial Capital provides competitive financing options to cover acquisition and renovations expenditures.

We offer Redevelopment lines of credit which feature:

  • Funding up to 90 percent of purchase price
  • Funding up to 95 percent of rehab budget
  • Max loan limit: 75% of ARV
  • Rates as low as 6.99 percent
  • Lines of credit for experienced investors up to $100 million

We offer single property fix and flip loans:

  • Financing ranging from $50,000 to $3 million
  • Funding up to 90 percent of purchase price
  • Funding up to 95 percent of rehab budget
  • No prepayment penalties (3 months minimum interest)

New Construction Financing

Our solutions for new construction financing offer a wide range of benefits to our clients, including:

  • Loan amounts from $150,000 to $3 million
  • Up to 95 percent financing of construction costs with streamlined draw process
  • Funding up to 75 percent of land value
  • Terms up to 12 months with an optional 3 month extension
  • New construction loans for single family, multifamily up to 20 units
  • Minimum FICO 620
  • Multiple draws available at borrower’s discretion

Financing For Rental Properties

Clipper Commercial Capital offers single rental loans, as well as portfolio rental loans. These asset-based loans are tailored to the needs of residential real estate investors, and do not require W-2 forms, tax returns, or proof of personal income.

Our single rental loans feature:

  • Loan amounts up to $750,000
  • Single loan for a single rental property
  • Terms up to 30 years
  • Full amortization
  • Fixed rates

Our portfolio rental loans offer:

  • Loan amounts up to $700,000 and beyond
  • Blanket loan for 7+ rent producing doors
  • 5 and 10 year terms
  • Fixed rates

Contact the experts at Clipper Commercial Capital. We want to know what projects you have lined up, so our team can provide a finance strategy to fit your needs.