For Single-Family, Townhomes & Condos
(non-owner-occupied 1-4 Units)
With this program we offer the investor a solution to finance both:
The Purchase of the Land and the Construction of the Property.
CONSTRUCTION LOAN GUIDELINES
- Collateral: Non-Owner Occupied Single Family Properties, Condos, & Townhomes
- Rates: Starting at 11.29%
- Term: 12 Months to 24 Months
- Loan Amount: $100K* – $3M (*Based on Loan Amount)
- Minimum Property Value: $150K** (** As-Completed Value)
- Credit Score: 650 Minimum
- Max. Allowed Loan Amount: As is – up to 75%
- ARV: up to 85%
- Leverage Based on Experience: Documented experience in the past three years