Century has financed more than 37,000 affordable apartment homes with more than $1.6 billion in loans. We want to impress you with competitive rates, quick delivery, and personal attention to the specific needs of your development. Because every home counts!
Acquisition Loans
- Specialists in acquisition financing for sites destined to be affordable housing
- Vacant land or existing assets
- As originators of the GSAF and LACHIF we have flexibility to get you the leverage you need
Bridge Loans
- No prepayment penalties gives you flexibility on your timeframe for your permanent lender
- Loans available quickly to respond to your financing needs
- Works on your timeframe for your permanent lender
Construction Loans
- Ability to lend on properties up to 120% AMI
- Amazing draw servicing keeps your contractors happy and on the jobsite
- Small sites welcome
Permanent Loans
- Competitive interest rates combined with Century’s ease of execution make a winning combination
- 17 year maximum term designed to work with your LIHTC deal or provide more rate security than the typical commercial mortgage
- Lack of prepayment penalties gives you the flexibility to take advantage of changing rates
