High Leverage Major Rehab, Construction and Adaptive Reuse
Multifamily, mixed-use, residential and commercial projects
Horizontal lot development with vertical construction, major rehab or adaptive reuse
- Nationwide
- No tax returns or income verification
- No upfront fees
- No monthly payments during loan term (includes built in interest reserve)
- Most loan costs built into loan
- $1 Million to $50+ Million
- Finance up to 85% hard + soft costs to 75% ARV
- Funds invested reduce cash at closing
- Interest calculated on drawn funds not total loan amount
- 12 to 36 months
- 9.25%+
- Origination: varies
- Limited recourse (standard carve-outs and completion guarantees)
- Funding in 4 to 8 weeks
- 620+ credit score
- Experience on title required last 3 years with similar size and type projects
- May use approved general contractor
- Borrower liquidity: cash to close plus 5% of loan amount
- Comps within 3 miles of subject property must support ARV
- 1st lien
- Foreign nationals eligible for USA projects
To submit your online request, please click the blue GET STARTED LINK for PRE APPROVAL within 48 business hours. No upfront fees, tax returns, income verification, Social Security Numbers or credit checks required for PRE-APPROVAL.
