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NY: (212) 564-1257
MIAMI: (305) 961-1177
City Commercial Mortgage

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City Commercial Mortgage

NY: (212) 564-1257
MIAMI: (305) 961-1177



One of the nation's largest and most trusted lenders is now offering short-term financing for residential real estate investors.

Offering Solutions for Construction Loans in Miami, FL

Finding the right financing solution for your new construction project is easy when you work with the team at City Commercial Mortgage. We offer a variety of construction loans in Miami, FL, designed to help developers finance their building projects. Our experienced team will work with you to determine which style of loan would best meet your business needs. So when you are looking for a short-term financing solution for your residential real estate investment, trust our team to provide you with the loan options you need. Contact us today to learn more about the construction financing we have to offer or to discuss the other traditional bank loans we provide.

Builder Credit Lines

We understand that construction contractors are born to build. When they need financing to get their project off the ground, they know we can help. Our builder credit lines can mean the difference between creating a successful venture and an empty lot. Construction loans give residential and commercial builders the flexibility to plan for the future. No matter your project, turn to professionals who can help finalize your financing with exceptional rates. We’ll assist with the type of loan that will suit you and your business best.

To maintain a construction company, you need access to funds at every stage of the project. That’s why we tailor our approach to your financial needs. Whether you’ve started a project and need a supportive loan to continue or you’re starting from ground zero, we have the necessary experience and advice to help you stay on time and budget.

Your project will have your name on it; you want it to go smoothly and look incredible when complete. Call today to discuss a builder credit line that will help you realize your dream. We’d love to be a part of the process that helps you break ground on your next project.

Solutions for Home Flippers

In addition to providing loans for new construction projects, we also offer various fix and flip loan solutions. These loans are designed for individuals and businesses that purchase older homes with the intent of fixing them up and reselling them at a profit. With this type of financing, you can choose either a line of credit or a single loan. So, whether you are looking to purchase an old home to flip or you are planning a land development project for new properties, City Commercial Mortgage is sure to have the financing solution you need.

Fix & Flip Line of Credit*

  • Rates as low as 6.99%
  • Lines of credit up to $100MM
  • Funding up to: 90% of purchase price, 95% of rehab

Fix & Flip Single Loan*

  • Loans $50K - $3MM
  • No pre-payment penalties (3 months minimum interest)
  • Funding up to: 85% of purchase price, 90% of rehab

Vincent Schimmenti

Mortgage Advisor
NYC: 212-564-1257
MIA: 305-961-1177

Financing up to 90% of construction costs for new construction!*




Exposure line up to $100MM for experienced investors (1+ completed flip in the past 2 years)

Single property loans for novice or experienced investors

Ground-up construction for developers and investors

Loan Size

$50K - $3MM

$75K - $3MM

Term & Amortization

9 months, with an option for 3 months extension

Acquisition Financing

Funding up to 90% of purchase price

Funding up to 85% of purchase price

Funding up to 75% of land value**

Rehab Financing

Up to 95% of rehab costs, max 75% of ARV

Up to 90% of rehab costs, max 75% of ARV

Up to 90% of construction costs, max 75% ARV

Pre-Pay Penalty / Minimum Interest Charge

No Pre-Payment Penalty
3 Months Minimum Interest


Individual, LLC, or Corporation





Property Types

Non-Owner Occupied: Single family residences, 2-4 family units, Condos, Townhomes, Multi-family properties up to 30 units, and Ground-up construction

Broker featured in this advertisement is not employed by Finance of America commercial LLC, and their affiliation with Finance of America Commercial LLc is limited exclusively to the commercial loan products they can offer through their broker relationship with Finance of America Commercial LLC.

* Loans are subject to investor and business credit approval, appraisal and geographic location of the property and other underwriting criteria. Loan amounts and rates may vary depending upon loan type, LTV, verification of application information and other risk-based factors. Application fees, closing costs, and other fees may apply. **Land must be already improved/developed for use(ie., ready for utilities and plumbing.) REV. 4.11.2017