Secrets Big Banks Hide Construction Loan Lenders Revealed
Real-World Examples and Data
According to a recent report, the demand for construction loans is projected to grow by 3% annually over the next five years, driven by increased urbanization and infrastructure investments1. This presents a significant opportunity for lenders to expand their portfolios and tap into a thriving market.
In terms of pricing, construction loan interest rates typically range from 4% to 12%, depending on the lender's risk assessment and the project's specifics2. By offering competitive rates and leveraging technology to streamline the loan approval process, lenders can attract more borrowers and increase their market share.