Our Construction Loans provide builders and investors
the financing they need for ground-up construction and land acquisition.
Key Product Facts*
- Program includes Line of Credit and Single Loan options
- Construction loans offer funding up to 90% of construction costs with multiple draws available**
- Land advances available up to 75% of land value***
- Individual loan amounts $75K – $3MM
- Loans available for single family and multi-family properties, including properties up to 30 units
|INTEREST RATE*||6.99% and up|
|TERM||12 months, with optional 3 month extension|
|BORROWER TYPE||30-year fixed, full amortization|
|BORROWER TYPE||Individual, LLC, Corporation, LLP or LP|
|MAXIMUM LOAN-TO-COST (LTC)
COST IS PURCHASE PRICE AMOUNT.
|90% of construction costs|
|MAXIMUM LAND ACQUISITION FINANCING||75% of land value***|
|TRANSACTION TYPE||Purchase or Refinance|
Don’t see terms or loans you need? Call us!
We have the financing, contractors and agents to get deals done.