COVID-19 has highlighted the growing need for quality affordable housing and Century is dedicated to serving clients through this period. We continue to structure, underwrite and close loans with minimal delay.

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

Century is the leading loan originator for the Golden State Acquisition Fund (GSAF), and partners with Los Angeles County and the City of Los Angeles. To learn more about how these programs can help get your project off the ground please speak with a loan officer.

Century financed developments throughout California

“Jamboree sees the model of converting hotels to Permanent Supportive Housing as a way to produce quality homes for formerly homeless individuals quickly and efficiently. In a time when public health is so intimately tied to the health of our unhoused residents, we’re grateful to have a financial partner like Century to help us navigate the challenges this model presents, especially at the acquisition stage, with flexibility and creativity.”

“Thank you very much for your support. We are nearing the finish line. Working under the current world conditions has been a challenge. You have made things better.”

“Your funding was the first commitment to the project, and was critically important! We appreciate our partnership with Century.”

“Thanks so much for your dedication in the middle of the pandemic and challenging times to finalize this loan. We really appreciate it and looking forward to a long term relationship.”

Our Clients

See Century’s 25-Year Report for more about our history and dedication to transforming lives throughout California.

Contact a Loan Officer

Josh Hamilton     Senior Vice President, Lending
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(310) 642–2030

Nick Friend     Vice President, Lending
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(415) 816–2462

Tracey Burns     Senior Relationship Manager
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(310) 642–2004

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