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LAND ACQUISITION AND NEW CONSTRUCTION PROGRAM

Single-Family (1-4 Units)

CONSTRUCTION LOAN CRITERIA

LOAN CRITERIA

  • Collateral: Non-Owner Occupied Single Family Properties, Condos, & Townhomes

  • Rates: Starting at 11.29%

  • Term: 12 Months to 24 Months

  • Loan Amount: $100K* – $3M (*Based on Loan Amount)

  • Minimum Property Value: $150K** (**As-Completed Value)

  • Credit Score: 650 Minimum

  • Max. Allowed Loan Amount: As is – up to 75%

  • ARV: up to 85%

  • Leverage Based on Experience: Documented experience in the past three years

START LOAN APPLICATION PROCESS

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