New Construction Financing
Obtain financing for ground-up construction projects.
LOAN CRITERIA:
Collateral:
Non-Owner Occupied Single-Family Properties;
Condos; Townhomes
Term:
12 to 24 Months
Loan Amount:
$100k* – $2M
*Based on Max Loan Amount
LTV:
Initial Loan Amount:
Purchase: The Lesser of Up to 75% of the Purchase Price or Up to 75% Loan-to-Cost
Maximum Loan Amount:
Up to 75% of the After-Repair Value
Up to 90% Total Loan-to-Cost
Minimum Property Value:
$150k**
**As-Completed Value
Credit Score:
660 Minimum
Apply Today:
George Williams
New Construction Financing
Fast Financing that Fits Your Real Estate Investments
Assuming Entitlements,
Permits & Approved Plans
Leverage Based on Experience⁺
INITIAL LOAN AMOUNT
Maximum Loan-To-Value
Maximum Loan-To-Cost
MAX LOAN AMOUNT
Maximum Loan-To-Value
Maximum Loan-To-Cost
Tier 1
Completed 10+ Ground Up
Construction Projects
Purchase
Up to 75% of the As-Is Value
Up to 80% of the As-Is Value
Up to 75% ARV
Up to 90% Total LTC
Refinance
Up to 75% of the As-Is Value
N/A
Up to 75% ARV
Up to 90% Total LTC
Tier 2
Completed at Least 10 Real Estae
Investment Transactions that
Include Renovation
Purchase
Up to 75% of the As-Is Value
Up to 75% of the As-Is Value
Up to 70% ARV
Up to 85% Total LTC
Refinance
Up to 72.5% of the As-Is Value
N/A
Up to 70% ARV
Up to 85% Total LTC
Tier 3
Completed 10+ Ground Up
Construction Projects
Purchase
Up to 70% of the As-Is Value
Up to 72.5% of the As-Is Value
Up to 65% ARV
Up to 85% Total LTC
Refinance
Up to 67.5% of the As-Is Value
N/A
Up to 65% ARV
Up to 85% Total LTC
Tier 4
Completed 10+ Ground Up
Construction Projects
Purchase
Up to 70% of the As-Is Value
Up to 70% of the As-Is Value
Up to 65% ARV
Up to 82.5% Total LTC
Refinance
Up to 65% of the As-Is Value
N/A
Up to 65% ARV
Up to 82.5% Total LTC
⁺Documented experience in the past three years
**Must have completed 1+ renovation projects
