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New Construction Financing


Investor New Construction Financing!

Up To 90% Of Lot Purchase And Construction Costs!

100% Of Construction Cost If Lot Owned Free & Clear!

$75,000.00 –  No Maximum Loan Amount!

Reduced Interest Charged On Unused Construction Funds! 

Minimum  600+ Credit Score!


New Construction Financing Program Highlights:

Minimum 600+ Credit Required To Qualify For Funding! 

– 100% Construction Financing If Lot/Land Owned Free And Clear!

– 90% Lot Purchase & Construction Financing!

– No Down Payment Required If Lot/Land Owned Free And Clear!

– Minimum $15,000.00 In Liquid Checking/Savings Account Required For Funding Approval! 

– Loan Amount Up To 70% Of Final Appraised Value! 

– Loan Amounts From $75,000.00  –  No Maximum Loan Amount!

– Close In 10-12 Business Days From Receipt Of All Required Documents!

– Foreign Nationals OK with minimum of two (2) completed flips within last 24 months!

– First Time Investors OK!


Funding Available NATIONWIDE, except:

Arizona, California, Hawaii, Idaho, Maine, Montana, Nevada, New York, North Dakota, South Dakota, Utah and Vermont  

All investor loan transactions must close in the name of  a business entity!   



Credit Score Requirement




No bankruptcies in past three (3) years

No foreclosures, short sales, or deed in lieu in past 2 years

Minimum of two (2) credit scores are required to reflect on credit report


100% Financing Option When Lot Owned Free and Clear:  Prior New Construction Projects Or Completed Fix and Flip Transactions Last 24 Months

Level 1:  0-1 flip*           12% interest rate         100% of construction cost up to 70% ARV If Lot Owned Free and Clear

Level 2:  2-4 flips           11% interest rate         100% of construction cost up to 70% ARV If Lot Owned Free and Clear

Level 3:  5+ flips           9.99% interest rate       100% of construction cost up to 70% ARV If Lot Owned Free and Clear

*0-1 flip with less than 680+ credit = max of 65% of ARV)


– For 100% construction financing, the acquisition cost of the lot/land must be a minimum of 15% of the total construction cost.

– Lot must be shovel ready (water, utilities, sewer installed)

90% Financing Option Including Lot Purchase:  Prior New Construction Projects Or Completed Fix and Flip Transactions Last 24 Months

Level 1:  0-1 flip*           12% interest rate         90% of lot purchase and construction cost up to 70% ARV 

Level 2:  2-4 flips           11% interest rate         90% of lot purchase and construction cost up to 70% ARV 

Level 3:  5+ flips           9.99% interest rate       90% of lot purchase and construction cost up to 70% ARV 

*0-1 flip with less than 680+ credit = 85% LTC with max of 65% of ARV)

LOT MUST BE SHOVEL READY (water, utilities, sewer installed)

Reduced Interest Carry Cost During Construction Period

Level 3 borrowers qualify to pay a reduced interest rate of 3% on the un-used portion of the new construction budget during the term of the construction loan.

Required Documentation    See bottom of this page for list of required documents


Qualifying Types Of Properties

Single Family residences and 2-4 units.  Non owner-occupied only.  No primary residence or vacation homes.  No condo’s.



We can fund up to 70% of the Final Value of the completed construction project.

Funding Scenario Example:

Estimated Final Value:           $350,000.00

Maximum loan amount:       $245,000.00   (final value x .70%)

Construction budget              $227,000.00

Total construction cost %:         64.8%    (construction budget divided by final value = %)

Total Loan Amount:             $227,000.00 (100% Financing)

Down Payment:     $                            0.00  

Plus lender fees and closing cost

Borrower is responsible for lenders fees and closing cost.


– Loan amounts less than $75,000 have maximum 65% LTV 

– The lot/land size cannot exceed more than 2 acres and cannot be considered in a rural location.

– Construction budget allows for payment of a “builders fee” to be included in total cost.

– Contingency fee is allowed at a reasonable amount compared to total cost of project.

– Cost for architectural plans and permits cannot be included in the construction budget.


All Transactions Must Close In A Business Entity Name

Funding can only be approved in a business entity name.  There is no seasoning requirement on the age of the business entity.  Entities include:  LLC, LLP, S-Corp, C-Corp.

Proof Of Financing Letter

After completing a pre-qualification application we can also promptly provide you with a proof of financing letter(s) to assist you in making offers on prospective investment properties.  To obtain a proof of financing letter you must provide your last 2 months of bank statements reflecting a balance of the minimum required funds to close.

Proof Of Funds To Close 

You must clearly document that you have the funds to close, which includes; down-payment, lender fees and closing cost.  Loan files are not submitted for underwriting approval without proof of funds to close.

Days To Close

On average we can close in about 12-15 business days from the time we receive ALL REQUIRED DOCUMENTATION.  Delays in closing are normally due to appraisal/property value, title issues, etc.

Minimum And Maximum Loan Amounts

Minimum loan amount is $75,000.00 and there is no maximum loan amount.

Full Property Appraisal Required 

A new traditional full property appraisal is ALWAYS required to underwrite and close a investor loan for this product.  We cannot use an existing appraisal from any other source.  We will order an expedited appraisal at time of submission of loan file for underwriting approval.  Cost of appraisals range from $375.00 – $575.00.

No Verification Of Income Required

No verification or documentation of personal or business income is required. Borrower will have to produce copy of of last years personal tax return to document that income taxes are being paid.  Income is NOT used as bases for qualifying.

Verification Of 6 Months Reserves Required

All loan transactions require that you verify six (6) months of interest payments (Reserves) via your bank statements.

Terms of Loan Funding

Property Type

Single family residences and 2-4 residential units.  No condo’s.

Transaction Type

New Construction

Interest Rates

Interest rates range on average from 9.99% to 12% depending on credit score, number of prior transactions and documented liquid cash reserves.

Origination Fees

Level 1:  0-1 flip last 24 months               3.99% origination fee

Level 2:  2-4 flips last 24 months             3.99% origination fee

Level 3:  5+ flips last 24 months              2.99% origination fee

Minimum dollar amount of loan origination fee is $4,500.00

Other Lenders Fees

Processing Fee:  $495.00

Subordinate Financing

Subordinate financing is NOT allowed, which includes 2nd mortgages and seller held financing.

Maximum Loan Amount

There is no maximum loan amount.

Loan Term

13 months

Rate Type

Fixed monthly payment, interest only.

Prepayment Penalty



Business Entity Borrower Only (Must close in the name of a business entity)

__ Copy of valid identification (all members of business entity)

__ Last 2 month’s business bank statements (must include all pages)

__ Articles Of Organization for LLC Or Articles Of Incorporation for a Corporation

__ Operating Agreement or Corporate Charter/Bylaws

__ Certificate Of Good Standing (Issued By Secretary Of State within 30 days)

__ Copy of last years personal tax return for all members of business entity. This documentation is NOT to verify income but to validate that federal income taxes are being paid and reduces likelihood of unpaid tax liens being filed on subject property.

__ Construction Budget (Must Use Our Template Provided)

__ Copy of building plans and specifications

__ Contractor Profile Form (We Provide PDF form)

__ Survey of lot/land

Note:   Terms are subject to change. Final terms vary depending on the property and borrowing entity

Get Started Now – Free Pre-qualification – 550+ Credit OK!

Low Rates – Flexible Terms – Close in 10 days Or less!