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 2 MONTHS!

And…

• Expedited acquisition loans for experienced developers
• Flexibility to finance more than 80% LTV with extensive rehab
• NO PREPAYMENT PENALTY
• No legal fees at closing
• No payments during construction
• A line of credit for experienced developers
• 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.