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New Construction Financing


Investor New Construction Financing!

75% Financing Of Lot Purchase Cost


100% Financing Of Construction Cost!

$100,000.00 –  $2,500,000.00 Loan Amounts!



New Construction Financing Program Highlights:

Minimum 660+ Credit Required To Qualify For Funding! 

– 75% Financing For Lot Purchase!

– 100% Financing Of Construction Cost!

– Experienced investors with 5+ new construction builds in last 36 months required!

– Loan Amount Up To 65-70% Of After Build Value.   

– Loan Amounts From $100,000.00  –  $2,500,000.00!

– Close In 12-15 Business Days From Receipt Of All Required Documents!

– 13 Month, 19 Month Or 24 Month Term!

– No Prepayment Penalty!

– Interest Only Payment! 

– Spec Homes OK For Builders & Investors! 

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


Funding Available NATIONWIDE, except:

Alaska, Hawaii, Idaho, Maine, Montana, Nevada, New York, North Dakota, Puerto Rico, South Dakota, Utah 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 5+ “new build, ground up” new construction projects with last 36 months.  Rehab fix and flips do not count towards new construction experience.

  b.  Only true new construction projects counts towards qualifying experience (i.e. rehabs and rentals are excluded)

  c.  Experience as General Contractor with 5+ new construction builds will be reviewed on case by case basis.



2.  Credit Score Requirement

Minimum 660+ credit score required for funding approval.


3.  Qualifying Credit Criteria  Any member of the business entity contributing cash assets to the transaction must meet qualifying credit criteria.

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


– The lot/land size cannot exceed more than 2 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 documented as completed with your project

–  Request for disbursement of construction funds are initiated via online portal.  Funds are normally disbursed within 3 business days after completion of inspection/validation of completed work.

–  There is a $200.00 inspection/draw fee for each disbursement of construction budget 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 OR $3,995.00 (whichever is greater).


6.  Other Lenders Fees

Processing Fee:  $650.00

Admin Fee:  $995.00

General Contractor Review and Feasibility Review:  $500.00


7.  Qualifying Types Of Properties

Single Family residences and 2-4 units, townhouses and 5-10 unit multifamily on exception basis only.  Non owner-occupied only.  No primary residence or vacation homes.  No condo’s.


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 $100,000.00 and maximum loan amount is $2,500,000.00.

10.  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.  Loan amounts above $1,000,000.00 require two (2) appraisals.

11.  Verification Of 3 Months Reserves Required

All loan transactions require that you verify three (3) months of interest payments (Reserves) via your bank statements.

Terms of Loan Funding

12.  Interest Rates

Interest rates range on average from 9% to 10% depending on credit score, number of prior transactions and documented liquid cash reserves.


13.  Subordinate Financing

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


14.  General Contractor Approval Requirements

The General Contractor (GC) must be approved for all new construction projects by providing the following specific documents for underwriting review:

__ GC Biography (template form provided),

__ Drivers License

__ Contractor/Builders License

__ Proof Of Liability Insurance

__ Workers Compensation

__ Two most recent bank account statements OR two most recent tax returns

__ Prior 24 month portfolio showing at least two (2) properties of equivalent budget size


15.  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 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)

__ Construction Budget (Must Use Our Template Provided)

__ Copy of building plans and specifications

__ General Contractor Biography Form and List Of References (We Provide PDF form)

__ General Contractor License and Asset Documents

__ Survey of lot/land (when required by underwriting)

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!