Our Ground-Up Construction Loan program provides experienced investors with funding for the purchase and new construction of residential investment properties.

Whether an investor is purchasing a tear-down and wants to do new construction or purchasing land for ground-up construction, this program can provide purchase and construction financing.

Ground Up Construction Loan Criteria

  
  Loan Program Table
  
      Property Type
      LTV
      Loan Term
      Loan Amount
      Minimum Credit Score
      Pre-Payment Penalty
      RE Experience
      Rates
    
        Non-Owner Occupied 1-4 Family Residential,

        Condo & Townhome
      
        Up to 75% of the lower of purchase price or land value with permits;

        60% if no permits with catchup draws available;

        (Up to 70% of ARV & 85% LTFC)
      
      12 – 24 Months
      $150k – $3M
      680 FICO
(exceptions on case-by-case basis)
      None
      
        Previous ground-up experience or significant fix/flip experience

        in line with the subject project
      
      As Low as 11.50%