Ground Up: From Foundation to Finish
Conversion Ready: To Permanent Financing
New Construction
A new construction loan is short-term financing that covers the cost of land, labor, and materials for building a property until completion and refinancing or sale.
First-time investor or seasoned pro – we're at your side.
Rates & Terms
Interest Rates: Starting at 10.25% (Non-Dutch / As-Disbursed)
Loan to Cost (LTC): Up to 92.5% of Total Cost Basis
Loan Terms: 12, 18, or 24 months
Loan Amounts: $100k to $20M
Loan to After Repair Value (LTARV): Up to 75%
Minimum Credit Score: 600 FICO
$100K - $20M
Loan Amount
12-24 Months
Construction Term
90% LTC
Max Financing
10.25%
Starting Rate
Program Details
Loan Features
- Interest Rates: Starting at 10.25% (Non-Dutch / As-Disbursed)
- Loan Amounts: $100k to $20M
- Eligible Property Types: All non-owner occupied real estate
- Loan Terms: 12, 18, or 24 months
- Loan to Cost (LTC): Up to 90% of Total Cost Basis
- Loan to After Repair Value (LTARV): Up to 75%
- Minimum Credit Score: 660 FICO
- Additional Perks: Photo Inspections | Advanced Construction Draws
Requirements
- Minimum 660 credit score
- No experience required
- Detailed construction budget
- Builder's risk insurance
- GC Verification
- Adequate cash reserves
- Planned exit strategy
How It Works
1
Pre-approval and Funding
Submit plans and the line item budget; we'll order the appraisal and fund your loan in a timely manner.
2
Build
Complete your construction project with draw advances as you reach milestones.
3
Draw Requests
Request draws as work is completed. Our team processes draws quickly.
4
Exit
Refinance to permanent financing or sell the property upon completion.
Ready to Get Started?
Let our loan specialists help you find the perfect financing solution for your investment.