Vermont Multifamily Construction Lenders

Are you building a multifamily property in Vermont? On this page you'll find a list of construction lenders for multifamily ground-up projects throughout Vermont's urban areas. The maximum loan-to-completed value (LTCV) for most lenders in Vermont is 70%. You typically need to contribute 20%-25% of the project costs and have some cash reserves. Development experience is almost always required. Most lenders will require the project to be fully entitled and shovel ready. A small percentage of lenders will consider land acquisition and/or horizontal financing. The lenders listed here can fund a project with 5 or more apartment units, or a mixed-use project with a majority being apartments.