Residential Now Loans for
Residential Builders and Developers
A Residential Now Loan from Treasure State Bank is designed specifically for residential builders and developers. Builders who build/sell five to 10 properties annually can especially benefit, along with large-tract developers building out entire subdivisions. Our lenders manage a wide array of situations, from starter homes to second homes.*
• Available to contractors with good credit for terms up to 12 months
• Competitive construction loan rates are typically floating rates based
on prime
• Creative suite of end-loan mortgage products
for purchasers
• Property types financed:
• Single-family detached housing
• "For Sale" attached housing and condominiums
• Single-family subdivisions
• Master planned communities
• Acquisition, development, and construction projects
• Strategies utilized:
• Residential builder lines of credit
• Stand-alone loans
• Land Acquisition and Development
(A&D) loans/lines of credit
• Revolving facilities, master-note structures
• Performance and financial letters of credit
• Creative suite of end-loan mortgage products
To learn more about any of our commercial lending products, call a Treasure State Bank Commercial Lender, at 406-543-8700.
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