Private Lending Solutions
Private Lending with LCG offers attractive solutions when you don’t qualify for construction and renovation financing through a bank. Private Lending provides the following:
- Better leverage
- Flexible fund control
- Less red tape that you experience with financial institutions
- Fulfills your dream home or other investment property
Below Are Private Lending Properties with Situations That LCG Funded
Land purchase to construction – 3,700 sq. feet – financing of over $500,000
LCG customer purchased land with private lending; cost exceeded original budget; LCG provided funding to complete project
Apartment renovation – Funded 100% of $400,000 project
LCG customer remodeling a 7-unit apartment complex with no tenants; bank required existing rent
Accessory Dwelling Unit (ADU) – Funded 100% of $125,000 project
LCG customer adding an ADU on property of existing home