Wednesday, October 18, 2017

Loan Programs

CIC FINANCES IN
THESE AREAS…
…FOR THESE TYPES
OF PROPERTIES:
  • City of Chicago
  • Suburban Cook County
  • DuPage County
  • Kane County
  • Lake County
  • McHenry County
  • Will County
  • Multifamily (5+ units) residential buildings
  • Mixed-use properties
  • Cooperatives
  • SROs and special-needs housing
  • New multifamily construction




 

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.

Start quickly:

The typical time frame from application to approval is LESS THAN TWO MONTHS!

And…

  • 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.

Click here for information on how to apply

Let us show you what we can do for you.
CALL TODAY at (312) 258-0070, and ask for a loan officer.