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Ground Up Construction
Build new homes with 1-4 units
Eligible Property Types: Non-owner occupied 1-4 unit residential, townhomes & condos
- Loans from $50k - $3.5MM
- Funding up to:
- 75% of the lower of the land value or purchase price, 60% if unpermitted
- 90% of total project costs with financed interest reserves
- Up to 70% ARLTV
- 100% of construction
- underwritten on property cash flow
- 12 month term, up to 24 months at lender discretion
- Credit Score 650+
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