NATIONAL LENDER

NET LEASE CONSTRUCTION LENDING

Real Estate and Construction Expertise
Streamlined Construction Process
High-Touch, Personalized Service

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Net Lease Construction Features & Details

We approach each transaction individually, giving us the ability to price and structure deals within market parameters.

Program Features

✓ Loan-to-Cost: 70% - 90%*

✓ Loan-to-Value: 65% - 80%*

✓ Loan Amount: $1.5 MM - $15 MM*

✓ Pricing: 3.75% - 6% — all in rate

Additional Details

✓ Recourse: Completion & repayment

✓ Term: 1-2 years

✓ Index: Prime or SOFR

✓ Location: Nationwide

✓ Amortization: Interest Only

*Terms and conditions may vary and will be reviewed on a case-by-case basis. Construction inspections required with monthly monitoring payment applications.

A Model Built On Relationships

Firstrust’s success in the real estate community is the result of our hard work and commitment to delivering creative solutions that support our client's visions. We make our lending decisions in-house, which empowers us to be flexible in meeting market demands.

Professional builders and developers come back to Firstrust time and time again because they know that we are responsive, accessible and always deliver on our promises.

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Third Generation
Family-Owned Bank

Founded in 1934, Firstrust is a privately held bank with nearly $5 billion in assets. For over 86 years the bank has remained stable and strong, providing commercial, business and retail services. Firstrust has 19 branches located in the Southeast Pennsylvania, Southern New Jersey, Delaware and Maryland markets, including several commercial banking locations.

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