Broken Priority

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Financing for projects where construction has started

In a Bind?  Underestimated your costs and now you need financing help.

 

Pacifica South Bancorp will finance your project where construction has already started.  This action is considered “broken priority”.  Most Lenders will not consider the request.  But we will help.

In order for us to consider the loan request, the borrower will need to provide evidence of payment on work performed, appraiser to address any adverse conditions due to construction in progress, and title company willingness to insure project.

To cure broken priority requires teamwork between the Appraiser, Title Company  Pacifica South Bancorp and YOU.

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