Subdivision Development and Construction Loans for Developers and Builders Nationwide
Multifamily, Mixed-Use, Residential, Townhomes & Condos Subdivisions
Horizontal Lot Development With Vertical Construction Component
Spec Home Construction
Build to Sell Residential Development
- Nationwide
- Loan amounts: $3 Million to $50 Million+
- Term: 24 to 36 months
- Competitive interest rates
- Interest only on drawn funds
- Origination: varies
- Finance up to 90% LTC (hard + soft costs) to 75% ARV (may include most loan costs)
- Limited recourse options available (subject to standard carve-outs and completion guarantees)
- Dollars borrower has invested into project reduce cash to close
- No monthly payments (interest reserve built into loan)
- Limited recourse available with standard carve-outs and completion guarantees
- 1st position lien
- Funding in 4 to 8 weeks
- 620+ credit score
- Borrowers must have experience on title building/rehabbing similar project(s) in last 3 years (may use approved general contractor)
- Borrower liquidity: 5% of loan amount plus cash to close
- Foreign nationals eligible
- No upfront fees, tax returns or income verification
To submit your online loan request, please click the blue GET STARTED Link for your PRE APPROVAL for qualified borrowers within 48 business hours via DocuSign. No upfront fees, credit cards, tax returns, income verification, Social Security Numbers or credit checks are required for PRE-APPROVAL.