New Construction

About The Program

New Construction

For more experienced investors, our new construction loans offer fast and easy funding for land acquisition and construction costs. We have years of experience in the construction space and take a consultative approach throughout the entire project.

GROUND-UP CONSTRUCTION

PROPERTY TYPE

Single Family, Condos, 2-4 Units, Multifamily (5+ Units)

LOAN TYPE

Purchase, Rate/Term Refinance, Cash-out Refinance, Blanket

EXPERIENCE

Prior Ground-Up Construction Experience Required

CREDIT SCORE

660+

LOAN AMOUNT

$100,000 Minimum

LOAN TERM

12 – 24 Months, Interest Only, No Prepayment Penalty

LEVERAGE GUIDELINES

PURCHASE PRICE LTV
CONSTRUCTION COST
LOAN TO COST
LOAN TO ARV
75%
100%
90%
70%

Highlights: