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Tag Archives: blanket construction

Construction Loans

Private Construction Mortgage Loan Benefits

Lending SolutionsBy Graysbrook CapitalMarch 19, 2019

Are you looking to build a home for your growing family or looking to develop a multi-unit property, but the bank has turned you away? Are you unsure of your next step, or even if construction is even possible? That is where Graysbrook Capital comes in.

Graysbrook Buzz

Graysbrook Broker Solutions: September 2016 Edition

Broker SolutionsBy James HipsonSeptember 13, 2016

Broker Scenario #1 Blanket Mortgage Construction Problem: Client is building home for his son and was 50% complete, but needed funds to complete the build. Client needed $125,000 on closing and an additional $30,000 to complete, without a traditional draw structure. The client was willing to put a blanket mortgage on three other pieces of land…

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