GROUND UP CONSTRUCTION

Are you building and need funding? Have several in-house options for you to look at . If any fits let have a chat. GROUND UP CONSTRUCTION PROPERTY TYPE: Ground Up Construction Residential (1-4 units) LOAN: $50,000 - $5,000,000 TERM LENGTH: 12 months, Up to 18 at Lender Discretion MAX LTC: Up to 75% of the lower of land value or purchase price/60% if unpermitted, plus 100% of construction LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing MAX LOAN TO COST (TOTAL): 80% MAX LOAN TO ARV: 70% RECOURSE: Full Recourse Only