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Real Estate Construction Loan

Construction Loan

Flexible

Rapid Funding

Construction, Rehab and Fix and Flip Loan Program:

  • 13 Month Term;
  • Interest Only;
  • Acquisition and Construction 90% CTV cannot exceed the 70% after construction value;
  • 100% Max on Rehab or Construction Cost;

Documents Required:

  • Proof of 3 months of Interest
  • Appraisal and/or inspection required;
  • Borrowers I.D.;
  • 12 Months Bank Statements;
  • Budget Form;
  • Purchase Contract or HUD;
  • Name and License of the Contractor;
  • Estimated Closing – 7 to 10 Business Days from receipt of full documentation;
  • Terms are based on a minimum credit score of 680;

 

Approval Letter in 24 hours or less.

Get pre-approved for 100% financing of your construction cost;

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