Construction Loans
Loans for Builders or Investors who are constructing new "spec homes". 100% funding of construction costs. LTV up to 95% and rates starting at 7%. we also provide land development loans.
Rates Starting @7%.
LTV up to @95%.
Leave Money Problem to us.
We will handle all your money problem while you work to better you live/business. This is our main purpose
ELIGIBILITY
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Rates from 4.75% -9% (Rates and fees vary based on project Strength, experience, and LTV)
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100% funding of construction costs up to 95% LTV
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Construction Loans up to $50 million
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12-month term minimum
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All credit situations considered
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1st position lending only
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No tax returns required
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No Prepayment Penalties
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No application or other junk fees
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No rural properties or properties in high crime areas
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We do finance cost of lot
Why apply for loan with us ?
Rates start at 4.75% and are based on project strength.
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Funding up to 100% (Purchase and Rehab cost inclusive)
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Loans from $50,000 to $5,000,000 (higher rates and fees may apply to loans under $1,000,000)
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Loan terms up to 36 months
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Borrowers experience and situations considered
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1st position lending only
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No tax returns required
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No prepayment penalties
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No application or other junk fees
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Rehab Loans against investment property already owned are OK
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No rural properties or properties in high crime areas
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Non-recourse loans to Self-Directed IRAs allowed at max LTV of 60%
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LTV caps at 65% of ARV if renovation budget exceeds 65% of loan amount
