We have three different ground-up construction loan programs:
(1) High volume residential portfolios, subdivsions, and communities up to $200 million (revolving) with optional land (A&D)
(2) Multifamily (Optional Land (A&D) And Ground-up Construction; $25 million+ (revolving – no maximum loan amount or # of units)
(3) Residential, multifamily, condos, and townhomes (1-9 units per property)
Nationwide since 2017
Competitive terms
- No upfront fees
- No tax returns
- No personal income verification
- Maximum leverage to 100% of construction, 90% LTC, and 75% ARV
- Interest only
- Rate locks
- No prepayment
- 12 to 36 months (with phases)
- 620+ FICO credit
- First lien with no subordinate debt
- Liquidity: cash to close and reserves not required at closing
- Fast funding and draws
Grow your business and cash flow with confidence…