New Construction

New Construction2020-02-03T10:08:56+00:00

Our new construction program offers financing for ground up construction on a property you buy or own.

LENDING CRITERIA

Maximum LTV Up to 65% of the purchase price or as-is value and the last 60% of construction costs
Credit Score No Requirement
Occupancy Non-Owner Occupied
Property Types All Residential
(single, multi-family or mixed-use properties)
Minimum Values Minimum ARV of $100,000
Term 12 months, with longer terms available
Location Continental US

Rate Chart

Team Rates Points
Tier 1 9 or 12 month 9.99%-15.49% 0-3pts
Tier 2 9 or 12 month 10.99%-16.49% 0-3pts
Tier 3 9 or 12 month 11.99%-17.49% 0-3pts
Tier 4 9 or 12 month 12.99%-18.49% 0-3pts
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