CASE STUDY: $633,805: New Construction: Manayunk, PA

Hey everyone! Our CASE STUDIES showcasing the real estate investment loans we have done for our clients give you real-life details about how other investors used our loan products to build their portfolios! From fix and flip and fix to rent loans to new construction, multifamily and rental loans, we do them all!


Location: Manayunk, PA 

Loan Amount: $633,805 

iFC Loan Product: New Construction 

Property Type: Luxury Single Family 

Loan Closing Date: 12/15/2022 

Purchase Price: $125,000 

Construction Budget: $643,248 

ARV: $1,248,000 

Loan to Cost: 83% 

Length of Loan: 15 months 


This builder specializes in finding and acquiring land, taking it through zoning and permitting, and then maximizing the value by building luxury single-family homes. 

He was looking for a lender who offered great products, and who could close quickly. iFC offered him these things, along with competitive rates and terms. 

Having encountered broken promises and delays in closing with previous lenders, choosing a lender who he could trust, and who communicated effectively with him, was of key importance to him. 

The client appreciated that iFC’s communication was respectful and efficient, giving him the time and space he needed to put his documentation together and that working with iFC made for easy closing. 

Customer Benefit 
iFC was able to help this client with a New Construction loan, which allowed him to put his money into other projects. The client now considers iFC a part of his team and values our team’s view on his projects. 

Customer Feedback

“You’re getting a good product and a great team!” 

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