IRC Capital Residential, Ltd.
The current state of the credit markets makes it difficult for most regional and small home builders to find new home construction financing. The objective for the fund is to provide interim construction loans to single family home builders from a private equity loan pool.
- Fund 100% of construction hard costs with supported budget
- No monthly interest payments
- Quick approval on loan requests
- Minimum builder cash required at interim closing
- Frees up Builders' traditional lines of credit providing flexibility to fund operational expenses
Geographic Focus for Construction Lending
IRC Builders Funding, Ltd. originates construction loans and funds equity investments for new home builders and residential land developers in the San Antonio, Austin, and Houston Markets.
IRC Capital Residential, Ltd. Team
The IRC team has decades of experience in all phases of residential construction, land acquisition, development and related issues and maintains relationships with division presidents and land acquisition personnel of national, local, and regional home builders. The IRC team harnesses its experience and relationships to provide creative solutions that can take a residential project from its inception to completion.