Are you looking to build your forever dream home? Where do you start? Let Valor Lending Group guide you through the process to ensure the right loan for you. We feature the very Choice New California Ground Up Construction Loans. Whether you are seeking to build a custom home for your primary residence, a spec home to sell for a profit, or a commercial construction loan we have you covered.
A. What is a Ground Up Construction Loan?
Ground up construction loans can provide a financing solution to construct a wide variety of real estate properties. They can be single-family, multi-family, and mixed-use projects. A licensed and bonded general contractor will assist you with plans, and entitlements, and get your property shovel-ready while solidifying the financing to get the project started.
Valor Lending Group has a number of lending solutions and options allowing you choose the right route to take to secure the luxury property of your dreams.
B. Who Is A Ground Up Construction Loan Right For?
At Valor Lending Group, we have Ground Up Construction Loans perfect for the seasoned construction borrower to first-time buyer who wants to build that luxury home they always wanted.
In addition, we also offer full documentation low rate loans, stated income loans, and hard money loans.
C. How do you qualify for a Ground Up Construction Loan?
You would qualify for a Ground Up Construction Loans in the same way as a conventional or high balance loan with a few additional qualifications. Such as, but not limited to completed projects in the three years, the loan to cost evaluation, and/or after completed value.
Ground Up Construction Loan Highlights:
- Up to 90% LTC
- Max Loan Up to $20 Million
- Flexible Guidelines
- 12 to 24 month Interest Only Interest Rates
- Valor boasts the very best communication, service, rates and performance in the industry
- Valor ensures the very best pricing by shopping with many direct lenders so you don’t have to!
D. The Bottom Line
Ground up construction loans can provide a financing solution to construct a wide variety of real estate properties. Valor Lending Group has the very best service, rates, communication, and performance in the industry. If you are looking for a ground-up construction loan with flexible guidelines, up to 90% LTC, and max loans up to $20 Million, we got you covered! We look forward to an opportunity to demonstrate our prompt and professional service.
Valor Lending Group can fund fast-hard money loans up to $10mm in as little as 7 days often without an appraisal.
We look forward to an opportunity to demonstrate our prompt and professional service.
Recap of our Loan Products
- Hard Money Loans (20% down / minimal documentation) are Typically funded in 7-10 days.
- Stated Income Loans (Great for business owners and self-employed) No tax returns!
- 100% financing is available (we can cross-collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow – No DSCR Coverage is needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground-up Construction for spec homes, custom homes, and commercial ground-up.
- Farms, Vineyards, Ranches, and Agricultural Properties (25-30% down)
- 10% down Jumbo’s up to $1.5mm
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
Other Programs we Offer:
- Conventional Conforming Loans
- High Balance Conforming
- Jumbo Loan Financing |10% down Jumbo to $1.5mm
- FHA, USDA
- Reverse mortgages up to $1 Million in Value
- Cash-Out Refinancing
We look forward to the opportunity to serve you!
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