Construction Loans

Ideal for build-ready infill, tear down, and spec homes in urban locales
Not for tract home projects or new subdivisions (10+ homes)
Mid-Construction financing options available
Loans available for single family and multi-family properties
12 or 24 month loan term depending on the project plan
Experienced developers with 3+ similar past projects eligible for higher leverage
Foreign Nationals eligible

12 months standard

18 month option case-by-case

Up to 100% of rehab budget

Up to 90% LTC

Up to 75% ARLTV

Generally, we use LTC on lopsided projects (where the purchase price is lower than rehab budget)

Full Recourse Only

$50K - $3.5MM

Rehab loan for non-owner occupied residential investment property

Entity required

Non-Owner Occupied:
Attached or detached SFR
2-4 unit properties
Townhomes
Warrantable Condos

Not allowed from ineligible country list

NO prior experience required