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30 Year Fixed Conventional One-Time Close New Ground Up Construction

Valor Lending Group

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30 Year Fixed Conventional One-Time Close New Ground Up Construction Is Back. APR as low as 5%!

Valor Lending Group is proudly to announce the One Time Close Construction Loan is back in our rotation with lowest rates out there! If you are looking to build your forever home, you dream vacation home or start your real estate journey and build an investment property, Valor Lending Group has got you covered!

What is a One Time Close Construction Loan?

• One-Time Close Ground Up Construction loan is a single closing transaction. Short-term financing during construction and then long term financing after the construction is completed. This transaction can be a purchase or a a purchase or a refinance.

What is a single closing?

• A single closing transaction or loan is the combination of financing of the construction and the permanent financing after completion of the project.
• Just as a normal residential purchase closing costs, fees, and down payment are brought to the closing. After the close the funds for the construction project are accessed through draws.

Program Highlights:

• Conventional 15- and 30-year Fixed
  • Conforming and High Balance
• Conventional 7/6 and 10/6 ARM
  • Conforming and High Balance
• Primary, second home and investment properties(2-4)
• Fannie Mae only
  • DU Findings must be approve/eligible
• Min FICO = 700
• Max LTV/CLTV/HCLTV = 95%
• Max LTV/CLTV/HCLTV for = 85% for investment property
• Maximum Lock Period = 90 days
• Project and builder/contractor must be approved lender
• 11 month maximum build period with 1 month modification period
• Credit documents cannot exceed 12 months at the time of modification
• 75bps adjustment applied at time of lock to the rate listed on the rate sheet
• $1495 underwriting fee
• Only weather related escrow holdbacks permitted
• Not eligible for co-ops, attached condos and manufactured homes
• No Temporary Buydowns
• No Principal Reductions
• Not TRAC eligible
• Not eligible for full virtual close – hybrid w/ paper note eligible
• Not eligible for Ultimate Loan Submission

Call or email me for immediate attention to your scenario!

Valor Lending Group can fund your fast-hard money loan up to $10mm in as little as 7 days often without an appraisal.

Please do not hesitate to call or email me with any scenarios. 

I look forward to an opportunity to demonstrate my prompt and professional service.

Recently Funded | Valor Lending Group

$1,044,550 Loan amount | Hard Money Bridge Loan | Purchase | 65% LTV | Murrieta, CA
$1,900,000 Loan amount | Full Doc Jumbo Loan | Cash Out Refi | 31% LTV | Mirage, CA
$1,430,000 Loan amount | 24 Month Bank Statement Loan | Purchase | 65% LTV | Phoenix, AZ
$2,625,000 Loan amount | Ground up Construction Loan | Purchase | 65% LTV | Malibu, CA
$1,905,000 Loan amount | Fix and Flip Loan | Purchase | 90/100 LTV | Palos Verde, CA
$2,645,000 Loan amount | Ground up Spec Construction Loan | Purchase | 65% LTV | Palm Springs, CA
$712,500 Loan amount | DSCR Loan | Cash Out Refi | 75%LTV | 70% LTV 
$4,013,750 Loan amount | Full Doc Jumbo Loan | Rate& Term Refi | 75% LTV | Newport Beach, CA
$592,500 Loan amount | DSCR Loan | Purchase | 75% LTV | Seattle, WA
$1,950,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 70% LTV | Berkeley, CA
$3,100,000 Loan amount | 12 Month Bank Statement Loan | Purchase | 43% LTV | Coronado, CA
$1,790,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | Berkeley, CA
$1,008,000 Loan amount | Full Doc Jumbo Loan | Purchase| 80% LTV | Anaheim, CA
$1,740,000 Loan amount | Hard Money 2nd Position Bridge Loan | Cash Out Refi | 61% CLTV | Berkeley, CA
$4,775,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 62% LTV
$505,000 Loan amount | Full Doc FNMA Loan | Purchase | 85% LTV | Ventura, CA
$2,100,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 51% LTV | S. Carolina

And many more.

We do them all, so give me a call!

Recap of our Loan Products:

1. Hard Money Loans (20% down / minimal documentation) Typically Fund in 7-10 days.
2. Stated Income Loans (Great for business owners and self employed ) No tax returns!
3. 100% financing is available (we can cross collateralize other properties if there is enough equity)
4. Valor VA Home Loan 100% financing up to $1.5MM
5. Investor Cash Flow Loan – No tax returns or DTI calculation! Based on subject property cash flow
6. Flipper & Rehab Loans (Flip a property with one of our many options)
7. 2nd Position Loans up to $5mm
8. Raw Land & Lot Loans
9. Ground up Construction for spec homes, custom homes and commercial ground up.
10. Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
11. 10% down Jumbo’s up to $1.5mm
12. Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
13. Acreage Properties
14. Commercial Loans up to $500mm
15. 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
16. Foreign Nationals Loans (no social security or residency required)

We also offer:

1. 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans
2. High Balance Conforming aka Super Conforming
3. Jumbo’s to $10 Million / 10% down Jumbo to $1.5mm
4. FHA, USDA
5. ARM’s
6. Reverse mortgages up to $1 Million Value
7. Refinance including Cash Out

VALOR LENDING GROUP OFFERS EVERY MORTGAGE LOAN IN THE BOOK

**Rates and terms subject to change without notice**

We look forward to the opportunity to serve you!

CONTACT ME TODAY for immediate attention to your scenario! 

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