Every typical residential construction project is comprised of four stages; Excavation foundation, Framing and roofing, Electrical/Plumbing and Interior finishes, and Certificate of Occupancy. Construction will be financed according to preliminary construction budget. Each phase completion/validation which will be financed up to 80 percent loan to value. Upon receipt of Certificate of Occupancy, the entire assets can be refinanced with institutional lender up to 95 percent from the market value.