Financing Options for Borrowers

MCAP’s strength is in working with developers and builders to arrive at the optimal financing solutions to meet their needs. MCAP offers the following loan types to its borrower clients:

Land Development Loans

MCAP provides financing for the purposes of land acquisition and servicing provided that the land has been zoned and acceptable approvals are in place for residential housing.

Condominium Construction Loans

MCAP provides financing for the construction of residential housing on a cost to complete basis.

Freehold Construction Loans

MCAP provides financing for the construction of single detached, semi detached freehold townhouses and condominiums on a revolving and cost to complete basis.

Residential Inventory Loans

MCAP provides financing for completed inventory units that are available for sale. This financing is completed via a single advance to the borrower.

Recent Financings