Forbix Financial is part of a small licensed by the U.S. Department of Contact our Team group of commercial lenders that is Housing and Urban Development.

Construction Loan

Forbix Financial is a direct construction lender.  The principals at Forbix have been financing, building and developing multi-family properties for two decades.  We have personal consumer experience on our own properties for most of the products we offer, including FHA 35 year fixed, FNMA (DUS) Loans, Small Balance Freddie Loans, Conventional Bank and Construction Loans, as well as numerous bridge products.  We are delighted to be “the Guinea Pig” for you for these products and explain the pros and the cons in simple terms, the details you won’t be able to find in a “term sheet.”

Unlike most banks, most of our loan products are non-recourse and our primary focus is the cash flow from the property.  Personal income taxes are not required for underwriting.

Loan Types

Forbix 40 Year Fixed Construction to Permanent (Insured by FHA)

The loan product is fixed during the course of construction and for 40 years thereafter. The product is non-recourse and is fully assumable for qualified applicants.

Standard Construction Loans

The loan product is variable for 18 – 36 months, with mini perm loan options.  Typically tied to the Libor index or the WSJ Prime rate.


SBA Construction

The SBA 504 Construction Loans is designed for owner occupied commercial real estate construction. Occupancy requirements are 51% of the building for renovation loans, and 60% of the building for ground up construction.