Local experienced builder who really knows his market and is moving into larger spec projects in specific markets! We are now seeing a strong demand for newly constructed housing in key core locations. With rates at historic lows, more confidence in housing and pent-up demand from new homes, buyers are definitely more motivated to buy new homes. This local builder purchased 2 lots and will be starting 2 new spec homes on Mercer Island, a permier location minutes from Seattle, with a planned completion in time for spring selling season. SFG is actively serving boutique builders in core locations.
We’ve funded numerous construction loans for JayMarc Homes over the last few years, with great success. To see one of the floor plans by JayMarc Homes click here.
LTV ratio: 55%