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Subdivision Development and Construction Loans for Builders Nationwide

Multifamily, Mixed-Use, 1-20 Unit Residential, Subdivisions, Townhomes & Condos

Horizontal Lot Development With Vertical Construction Component

Spec Home Construction

Build to Sell 1-4 Unit Residential Development

  1. Nationwide 
  2. Loan amounts: $3 Million to $75 Million+
  3. Term: 24 to 36 months 
  4. Rate: 6.99% to 7.99% (Interest only on funds drawn)
  5. Origination: varies
  6. Finance up to 90% LTC (hard + soft costs) to 75% ARV (may include most loan costs) 
  7. Limited recourse options available (subject to standard carve-outs and completion guarantees)
  8. Dollars borrower has invested into project reduce cash to close
  9. No monthly payments (interest reserve built into loan)
  10. Limited recourse available with standard carve-outs and completion guarantees
  11. 1st position lien
  12. Funding in 4 to 8 weeks
  13. 680+ credit score
  14. Borrowers must have experience on title building/rehabbing similar project(s) in last 3 years (may use approved general contractor) 
  15. Borrower liquidity: 5% of loan amount plus cash to close 
  16. Foreign nationals welcome for projects in USA
  17. ​No upfront fees

To get started, please click the blue PRE APPROVAL Multifamily & Mixed-Use Construction & Rehab Link for your PRE APPROVAL Term Sheet within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your online loan request. No credit cards, Social Security Numbers or credit checks required for PRE-APPROVAL.

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