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New Construction Financing


Investor New Construction Financing!

Up To 75% Financing Of Lot Purchase Cost


100% Financing Of Construction Cost!

$250,000.00 –  $3,000,000.00 Loan Amounts!



New Construction Financing Program Highlights:

Minimum 660+ Credit Required To Qualify For Funding! 

– Up To 75% Financing For Lot Purchase.  Lots purchased as cash within last 24 months are considered as a delayed purchase!

– 100% Financing Of Construction Cost!

– No Monthly Interest Carry Cost On Unused Construction Budget Funds!

– Must Have Minimum Of One (1) ground up new construction build within last 36 months!

– Loan Amount Up To  75% Of After Construction Value.   

– Loan Amounts From $250,000.00  –  $3,000,000.00!

– Close In about 15 Business Days From Ordering Of Property Appraisal!

– 18 Month Term!

– No Prepayment Penalty!

– Interest Only Payment! 

For Same Day Prequalification – No Credit Pull Required For Prequalification – Click Here


Funding Available NATIONWIDE, except:

Hawaii, Nevada, Oregon, Minnesota, North Dakota, South Dakota and Vermont  

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



1.  Prior Experience Requirement

  a.  Must document a minimum of one (1) ground up new construction project within last 36 months.


2.  Credit Score Requirement

Minimum 660+ credit score required for funding approval.


3.  Qualifying Credit Criteria  

No bankruptcies in past three (3) years

No foreclosures, short sales, or deed in lieu in past 3 years

No prior criminal convictions at any time in the past


– The lot/land size cannot exceed more than 10 acres and cannot be considered in a rural location.

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

– Cost for architectural plans and permits “can be included” in the construction budget.


4.   Construction Budget & Funds Disbursement Policy

–  We do not advance construction loan funds.  Construction funds are disbursed (at your discretion) as work is completed on your project

–  Construction Draw Funds are normally disbursed within 2-3 business days after completion of inspection/validation of completed work.

–  There is a $200.00 inspection/draw fee for each disbursement of construction funds.  The fee is deducted from your construction budget at the time of each disbursement.

–  There is no minimum or maximum number of draws against the construction budget.


5.  Loan Origination Fees

2.99% of total loan amount


6.  Other Lenders Fees

Legal Fee:  $995.00

Processing Fee:  $895.00


7.  Qualifying Types Of Properties

Single Family residences

2-4 units

Townhomes and condo’s

Multifamily 5+ Units (Prior ground up construction experience required)

Non owner-occupied only


8.  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.


 9.  Minimum And Maximum Loan Amounts

Minimum loan amount is $250,000.00 and maximum loan amount is $3,000,000.00.

10.  Full Property Appraisal Required

A new traditional full property appraisal is ALWAYS required for new construction projects.  We cannot use an existing appraisal from any other source. 


10.1  Construction Feasibility Review Required

The feasibility study consists of a 3rd party construction management analyst reviewing your construction budget, physically visiting the property site and determining that your construction budget is adequate for the project to be completed.  Recommendations (if any) are made to adjust your budget accordingly based on the construction analyst report.  There is a cost of $300.00 for this service which is ordered at the same time the property appraisal is ordered.

11.  Verification Of Reserves Required

Must show liquid reserves equal to a minimum of 10% of the construction budget.

Terms of Loan Funding

12.  Interest Rates & Monthly Interest Payment

– Interest rates range on average from 8% to 9% depending on experience and credit score.

– If initial loan amount (not including construction budget loan) is less than $50,000.00 then interest will be paid on the full loan amount starting from the day of closing.


13.  Subordinate Financing

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


14.  Required Documents For Funding Approval

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 or personal bank statements (must include all pages)

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

__ Operating Agreement or Corporate Charter/Bylaws

__ Construction Budget (Must Use Our Template Provided)

__ Copy of building plans and specifications

__ General Liability Insurance Policy For Minimum $1,000,000.00

__ 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 – 600+ Credit OK!

Low Rates – Flexible Terms – Close in 10-12 business days!