New Construction Loans

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Property Types

1-4 Unit Properties

Minimum Fico Score 660
No Experience Required
12-24 Months

Multi Family Apartment

Minimum Fico Score 680
For Experienced Investors
12-24 Months

Mixed Use

Minimum Fico Score 680
For Experienced Investors
12-24 Months

Loan to Value

$200,000 – $3,000,000
70% of After Repair Value(Residential)
Up to 90% Loan to Cost
Rates Starting 10.99%
$500,000 – $5,000,000
70% of After Repair Value(Appartments)
Up to 80% Loan to Cost
Rates Starting 10.99%
$500,000 – $5,000,000
70% of After Repair Value(Commercial)
Up to 75% Loan to Cost
Rates Starting 10.99%

HOW IT WORKS

For New Construction projects, we offer up to 90% financing for Purchase and Construction Cost. The loan covers 100% of construction budget with the remaining going towards the Purchase of the Land. Take advantage of our high leverage construction financing !

ELIGIBLE PROPERTY TYPES

Eligible property types for our New Construction financing ranges from 1-4 Family properties, Townhomes, Multi Family Apartments & Mixed Use.

WHAT ARE THE QUALIFICATIONS

For our New Construction Financing, the primary requirements are borrower Liquidity, Experience and Credit. In that order ! Our requirements are flexible and first timers are welcomed ! We guide you along the way to make sure you get approved regardless of your qualifications.

WHO IS THE PRODUCT BEST FOR

For Real Estate Investors looking to build new construction homes for sale. Our typical customers are Real Estate Developers & Contractors. If you have the ability to rehab or build properties, you’re in the right place !

WHAT STATES ARE THE LENDING STATES

New Construction Loans are available in most markets. Our product is used all over the United States in over 41 States ! As long as your property is in an urban or suburban market, your property qualifies. No rural markets allowed. Give us a call to find out more.