Portfolio Lending

Peter W. Wong Associates / INTERVEST offers financing solutions for commercial real estate and multi-family properties throughout the western United States. We fund construction, bridge and permanent loans for our own portfolio. We also offer mortgage banking services on permanent loans placed with life insurance company lenders and other institutional funding sources.

Construction Loans

Peter W. Wong Associates / INTERVEST offers very competitive construction loans on most income producing property types, including apartments, office, retail, industrial and others. Loan sizes vary from $1 million up to $40 million or more. Typical loans are for ground-up construction, short-term bridge financing, and major remodel / repositioning of commercial real estate properties. Typical loan terms are up to 30 months with extension options available. We also provide standby permanent loans on all of our construction loans to help protect against interest rate or market risk. In order to take advantage of current interest rates, we have also arranged forward funding loan commitments from our life company lenders to take out our construction loans. Most often, the interest rate on the take out loan is locked for up to 24 months before funding.

Our team of loan officers has extensive experience in arranging construction loans and providing our customers with a very hands-on approach throughout the loan approval process. This allows us to tailor each loan to fit our customers' needs.

INTERVEST's seasoned closing staff helps to make the closing process go as smoothly as possible. In addition, our dedicated team of experienced construction administrators go the extra mile to ensure deadlines are met and draws are funded on time.

Bridge/Permanent Loans

When it comes to bridge or permanent loans, Peter W. Wong Associates / INTERVEST offers very competitive and flexible loan programs. Each loan is tailored to meet our customers' requirements, not to fit in a box. Loan terms are up to 10 years with variable to fixed interest rates for up to 5 years. Amortizations are available for up to 30 years. Whether you're looking for a flexible prepayment solution or a variety of interest rate options. Peter W. Wong Associates / INTERVEST has the resources to customize a solution for you.