Sentences with phrase «construction loan program incorporates»

One - Close Construction Loan Program incorporates a construction period of 6, 9 or 12 months followed by a fully amortized loan term with a single closing.

One - Close Construction Loan Program incorporates a construction period of 6, 9 or 12 months followed by a fully amortized loan term with a single closing... MORE

Not exact matches

In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).

Given the recent increased demand for CP loans, Flagstar Bank recently re-introduced its One - Close Construction program, which incorporates a construction period of six, nine or 12 months, followed by a fully amortized loan term with a sinConstruction program, which incorporates a construction period of six, nine or 12 months, followed by a fully amortized loan term with a sinconstruction period of six, nine or 12 months, followed by a fully amortized loan term with a single closing.