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Looking for Funding for a New Construction Project?

This program offers an 18-month term and rates starting at 11.29% to make sure your project is well-funded from start to finish.

Loan Criteria

Collateral:

Non-Owner Occupied

  • Single -Family Properties

  • Condos

  • Townhomes

Term:

12 - 24 Months

Minimum Property Values:

$150k
As-Completed Value

Loan Amount:

$100k* – $2M
*Based on Max Loan Amount

Rates:

Starting at 11.29%

Minimum FICO:

650

NEW CONSTRUCTION LOAN PROGRAM
ASSUMING ENTITLEMENTS, PERMITS & APPROVED PLANS

Loan amounts based upon experience. View Your Level Below.

At least one borrower or guarantor must have the number of qualifying pieces of experience as dictated below or equivalent experience in the past three (3) years and at least one (1) year in the business of acquiring real estate for investment purposes or renovating real estate.

Final loan terms may vary based on loan types, verification of

application information, and other risk-based factors.

Image by Jon Tyson

TIER 1

Completed 10 or More Ground Up Construction Projects

Purchase

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 75% of the As-Is Value

  • Maximum Loan-To-Cost: Up to 80% of the As-Is Value

Maximum Loan Amount

  • Maximum ARV: Up to 75% ARV

  • Total Loan-To-Cost: Up to 90% LTC

Refinance

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 75% of the As-Is Value

  • Maximum Loan-To-Cost: N/A

Maximum Loan Amount

  • Maximum ARV: Up to 75% ARV

  • Total Loan-To-Cost: Up to 90% LTC

Image by Nick Fewings

TIER 2

Completed At Least 10 Investment Real Estate Transactions That Include Renovation

Purchase

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 75% of the As-Is Value

  • Maximum Loan-To-Cost: Up to 75% of the As-Is Value

Maximum Loan Amount

  • Maximum ARV: Up to 70% ARV

  • Total Loan-To-Cost: Up to 85% LTC

Refinance

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 72.5% of the As-Is Value

  • Maximum Loan-To-Cost: N/A

Maximum Loan Amount

  • Maximum ARV: Up to 70% ARV

  • Total Loan-To-Cost: Up to 85% LTC

Image by Justus Menke

TIER 3

Completed 3+ Investment Real Estate Transactions, At Least One Must Be Heavy Rehab

Purchase

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 70% of the As-Is Value

  • Maximum Loan-To-Cost: Up to 72.5% of the As-Is Value

Maximum Loan Amount

  • Maximum ARV: Up to 65% ARV

  • Total Loan-To-Cost: Up to 85% LTC

Refinance

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 67.5% of the As-Is Value

  • Maximum Loan-To-Cost: N/A

Maximum Loan Amount

  • Maximum ARV: Up to 65% ARV

  • Total Loan-To-Cost: Up to 85% LTC

Image by David Pisnoy

TIER 4

New Customer

Purchase

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 70% of the As-Is Value

  • Maximum Loan-To-Cost: Up to 70% of the As-Is Value

Maximum Loan Amount

  • Maximum ARV: Up to 65% ARV

  • Total Loan-To-Cost: Up to 82.5% LTC

Refinance

Initial Loan Amount

  • Maximum Loan-To-Value: Up to 65% of the As-Is Value

  • Maximum Loan-To-Cost: N/A

Maximum Loan Amount

  • Maximum ARV: Up to 65% ARV

  • Total Loan-To-Cost: Up to 82.5% LTC

Pre-Apply Now

Tell Us About Your Project & Will Provide You With An Estimated Loan Cost Worksheet

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