Cetan Funds recently provided financing for an exciting new residential construction project in Klamath Falls, where an experienced builder is developing four homes simultaneously. By constructing multiple homes at once, the builder is leveraging economies of scale—reducing costs, streamlining timelines, and optimizing efficiency.
This project is already off to a strong start. One of the four homes has been pre-sold to a 1031 exchange buyer, demonstrating strong demand in the market. Construction is progressing exceptionally well, with the builder staying on schedule and making great strides toward completion. Once finished, one of the homes will be refinanced and held as a model home to showcase the quality and design of future builds in the subdivision. The remaining two units will be sold, helping to meet the growing demand for housing in the area.
Looking ahead, the builder has plans to continue developing the subdivision with another four homes in the next phase of the project. By taking a strategic, phased approach, they are creating a sustainable path for growth while contributing to the local housing supply.
At Cetan Funds, we take pride in supporting experienced builders and developers with tailored financing solutions that traditional lenders often overlook. We understand the challenges of financing multi-home construction projects and are committed to helping our borrowers succeed. This project in Klamath Falls is a great example of how we help builders turn their vision into reality, and we’re excited to see it come to life.
If you’re a builder or developer looking for flexible, reliable financing for your next project, reach out to us—we’d love to help you move forward.
Loan Purpose
Cetan Funds offers residential construction loans designed for contractors and investors looking for a fast, reliable financing solution. These short-term loans—typically ranging from 6 to 18 months—help bridge funding gaps and provide the flexibility that traditional lenders often can’t match. Whether you’re building spec homes, upgrading rental properties, or developing residential investment projects, our streamlined process allows for quick approvals and funding, often within a week.
As part of our diverse lending programs, our residential construction loans cater to projects that may not fit conventional financing requirements. From new builds to value-add opportunities, we provide the capital and support to keep your projects moving efficiently.
At Cetan Funds, we take pride in being a responsive, solutions-oriented lending partner. If you need financing for your next construction project—or any of your real estate investment needs—we’re here to help.
Location
Klamath Falls, Klamath County, Oregon
Loan Terms
$1,070,000 at 12.0% interest only on funds drawn for 12 months