|CIC FINANCES IN
|…FOR THESE TYPES
WHY SHOULD I DO BUSINESS WITH CIC?
Revitalize a community:
Buy a new apartment building–or refinance and rehab one you currently own–with CIC’s combined permanent and construction financing in one process.
Do it easier, do it better:
Depending upon availability and eligibility, we also offer special programs including matching grants, interest rate subsidies and other financing tools that allow you to do more rehab.
Receive all the expertise you need:
Our staff will provide expert financing advice as well as construction, closing and servicing assistance. We’ll even help you refine rehab scope and costs.
The typical time frame from application to approval is LESS THAN TWO MONTHS!
- Expedited acquisition loans for experienced developers
- NO PREPAYMENT PENALTY on ARMs
- No legal fees at closing
- No payments during construction
- Forward commitment take-out loans for buildings with an estimated completion date
- A tailored, can-do approach to every loan.