New Construction
Loans for real estate investors building 1-5 properties at a time
Starts at 8.99%
Interest Rates
Up to 100%
Construction Budget
Up to 70%
Land Cost
12 Months standard with 18 months option
Term
1-20 Units
Property Types
650
Minimum Fico
$100K-$2M
Loan Size
About the New Construction Loan Program
Terms based on experience, fico and liquidity
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Rates Starting at 8.99%
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Up to 90% of the Purchase
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100% of the Rehab
Max 80% LTC/75%ARV
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Escrow interest charges as dispersed
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1-20 Units
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650 Minimum Fico Score
12-18 Month Terms
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No Prepayment Penalty
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Non-owner occupied
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Loans from $75K to $2M
How does a Commercial loan work?
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Loans for real estate investors building 1-5 properties at a time
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Lot acquisition cost may be added to financing (build-ready condition)
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Funding up to 100% construction budget
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Up to 70% of the Land cost
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100K minimum, Single-unit up to $1MM, multi-unit (2+) up to $2MM
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12 months term standard with 18 months option
