Residential Construction Loans
Typical Terms
-
- Up to 75% loan-to-as-complete-value
- Up to 80-90% loan-to-cost
- 12% interest rate
- 2.5% origination fee ($3,500 minimum)
- $1,495 admin fee
- 12-month term with two 6-month extensions available
Process and Execution
-
- No junk fees
- No appraisals-internal valuations completed in 1-2 business days
- No draw fees-internal construction draw management
- No third-party inspections
- No prepayment penalty
- Loan decisions as quick as 2 business days
- Extension fees: 0.50% if deferred or 0.40% if paid when extending
- Financing interest reserves may be available (subject to LTV/LTC)
Typical Terms
-
- Up to 75% loan-to-as-complete-value
- Up to 80-90% loan-to-cost
- 12% interest rate
- 2.5% origination fee ($3,500 minimum)
- $1,495 admin fee
- 12-month term with two 6-month extensions available
Process and Execution
-
- No junk fees
- No appraisals-internal valuations completed in 1-2 business days
- No draw fees-internal construction draw management
- No third-party inspections
- No prepayment penalty
- Loan decisions as quick as 2 business days
- Extension fees: 0.50% if deferred or 0.40% if paid when extending
- Financing interest reserves may be available (subject to LTV/LTC)
Creative Investor Add-Ons
Equity Unlock
Borrowers with multiple properties or significant real estate equity may be able to cross collateralize assets to reduce or eliminate cash required at closing, subject to underwriting, collateral quality, and overall risk profile.
Land Division
An additional holdback may be available to reimburse approved costs related to land divisions on improved residential property, subject to city or county approval. Often used in fix and flip or rental rehab projects where excess land can be divided to create added value and future development potential.
Residential Construction
Loan Underwriting at Cetan Funds
Our underwriting process is designed to be practical, fast, and focused on the property, project, and exit strategy. We typically review the following:
Borrower information, including background, experience, and track record
Property details, including description, photos, and purchase contract
Project details, including plans, budgets, timelines, and exit strategy
Personal Financial Snapshot
Real Estate Schedule, if applicable
Three months of recent bank statements
Credit check. Minimum 540 FICO. Waivers may be available
Express underwriting available for up to 3–5 loans or 1.5 million for qualified borrowers
No income verification required
Recently Funded Residential Construction Projects
Fast, Flexible Residential Construction Loans
Residential construction bridge financing for contractors and investors
Cetan Funds provides short-term residential construction loans to contractors and real estate investors. Our residential construction financing process is fast, flexible, and handled entirely in-house. Underwriting decisions are typically made within 2 business days, and funding can occur as quickly as 7 days once the project is approved.
Residential construction loans are generally funded once building plans and permits are approved, allowing projects to move forward efficiently and with clarity around scope and cost.
Borrowers typically include residential contractors, homebuilders, and investors. We do not finance owner-occupied construction. Our loans are used for residential investment projects such as speculative home construction, residential investment property builds, and short-term construction bridge financing.
When traditional bank financing is slow, restrictive, or unavailable, Cetan Funds provides an alternative designed specifically for residential construction projects in Oregon. Our goal is to help projects move forward on schedule and reach completion within the expected timeframe.
Are you looking for a short-term loan for your Oregon residential construction project?
Why Borrow From Cetan Funds?
Experience that supports residential construction execution
Borrowers who work with Cetan Funds gain access to more than capital. Our team brings more than 60 years of combined experience in lending and real estate development, with deep familiarity in residential construction projects across Oregon.
Following your initial inquiry, we provide practical guidance through early project evaluation, including review of construction budgets, timelines, plans, and as-complete valuations. These evaluations are performed internally as part of our underwriting process.
Once your residential construction loan is funded, we remain involved throughout the project. Construction draw requests are handled directly by your loan officer and are typically funded within 24 to 48 hours. There are no third-party inspectors and no separate departments. Everything is managed in-house.
We understand that construction projects rarely proceed without adjustments. Our approach is designed to remain flexible as projects evolve, helping borrowers complete construction efficiently and profitably.
Residential Construction Lending Options
Cetan Funds is a hard money lender for Oregon residential construction
Residential construction loans from Cetan Funds are short-term or bridge loans. We are not a traditional bank lender.
These loans are commonly used when speed, flexibility, or property condition make conventional construction financing impractical. Projects involving speculative builds, investment properties, or properties that do not yet qualify for permanent financing are often well suited for private construction lending.
Residential construction loans can fund within days of approval, typically once plans and permits are in place. Loan terms are generally 12 months, with extension options available. Each loan is structured around the specific project, scope of work, and exit strategy.
Are you interested in working with Cetan Funds?
Get a Residential Construction Loan from Cetan Funds
In-house private equity capital for reliable construction funding
Cetan Funds lends from an in-house private equity fund backed by accredited investors. All loans are funded from pooled capital and held within our portfolio. Borrowers are not matched with individual investors, and loans are not sold after closing.
Because we control our capital and underwriting decisions internally, borrowers can rely on consistent execution and funding certainty. Loan availability is not dependent on outside investors, banks, or secondary markets.
This structure allows Cetan Funds to provide reliable residential construction financing through changing market conditions while maintaining a streamlined, responsive lending process.
Cetan Funds has been financing residential construction projects for Oregon contractors and investors for years, and we remain committed to supporting these projects well into the future.
CONTACT US
Start your inquiry by filling out our contact form or call us directly at (458) 215-3200.