NEW CONSTRUCTION LOANS

Finance your construction project. Tear down or new ground-up projects always considered

New Construction

Lending Made Easy

New Construction loans for investors, builders, and developers seeking competitive financing for the acquisition, development, or construction of ground-up projects. Fast approvals and funding available with a nationwide footprint.

Typical terms

LTC

Up to 85% of Project Cost

Loan Amounts

Minimum $250K to Maximum $5M

Loan Term

12-24 Month Term- Interest Only

Eligible Projects

Infill, Redevelopment, conversion, and condo loans also permitted

Interest Reserves

Interest reserves can be built in

Eligible Properties

Single Family detached, condos, townhomes, multi-family

Geography

All States except Alaska, Nevada, North Dakota, Oregon, South Dakota, Utah

Eligible Borrowers

U.S. Citizens

Permanent Resident Aliens

Non-Permanent Resident Aliens

Foreign Nationals

LLCs, Limited Partnerships, General Partnerships, Corporations

FICO

600

Guarantee

Non-Recourse and Recourse Options

 

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