Residential Construction Lending
Paragon's Residential Construction Lending Department is a famously inseparable team of four banking veterans who have been working together for years.
Dubbed the "Four Amigos" by one of their long-time customers, Bob Word, Lisa Barthol, Steve Maury, and Margie Smith made a commitment to each other - before recent mergers created a scarcity of locally owned banks - that "if one of us ever goes, we all go," according to Word.
Steve Maury, Margie Smith, Bob Word and Lisa Barthol
Well, they did and we're glad! The team provides financing for residential homebuilders and real estate developers. Loan products include residential construction loans for both speculative and pre-sold residential properties, raw land funding, and land acquisition and development loans for the purpose of developing residential building lots.
With their knowledge of the local market and substantial experience, Paragon's Construction Lending Team can respond to a loan request quickly. In addition, they are able to provide a quick closing of the transaction. Their reputation for exceptional service and industry knowledge has resulted in a loyal customer following.
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