This program is designed to provide a business loan to construct a commercial property (Office Buildings, Retail Stores, Shopping Centers, Warehouse/Flex Space, 5+ Multi-Family units and most other income generating properties).

The Normandy Advantage

  • Loan Amounts: $100,000 to $4,000,000
  • Fast pre-qualification, typically between 3 to 5 business days
  • Loan to Value: Up to 75% of the appraised value based on the income approach. Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts.
  • Deal Directly with Loan Officer/Underwriter
  • Loans are available to Borrowers with excellent to less than perfect credit
  • Flexible draw schedules
  • Closings typically within 21 days+. Fast track closing available, 14+/- subject to receipt of required documentation
  • Term: Up to 18 months (longer terms available on an exception basis)
  • Pre-payment: Allowed without penalty
  • Interest only payments based on funds drawn
  • Land purchase may be included in the construction loan
  • Full and limited programs available
  • Owner and non-owner occupied commercial properties are eligible
  • Foreign Nationals are eligible for this program

Rates and Fees

  • Rates: 7.95% to 10.95%
  • Loan Fees: 1.25% to 2.00%
  • Rates and Fees based on property, credit, income, savings and LTV
  • Application Fee: $450; Fast Track Application Fee $1,250
  • Underwriting Fee: $450
*Subject to change without notice

Loans available in the following states: AK, AL, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, MA, MD, ME, MI, MO, MS, MT, NC, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WY

Call today @ (800) 390-7536 or use the “Pre-Qualify Now” link above.


NMLS #71492
46 Prince Street, Rochester, New York 14607
800-390-7536 * 585-256-2600 * Fax:585-256-2836

Hours: Monday – Friday 9 am to 5 pm EST