Ground Up Construction Loans & Rehab Loans!

We fund ground up residential (Spec or custom home) and commercial construction loans.

We also offer rehab & flipper loans.

Matrix:

Lot Loans / A TIER / Full Doc 45% DTI / (owner occ only):

3,5 OR 7 year lot loan starting at *4.125% interest / 4.675% APR and only 1-2% origination

LTV’s 80% to $300k

75% to $400k

70% to $500k

65% to $750k

By exception above $750,000

Lot Loans / B TIER / No Income Requirements / Spec only:

6 months to 3 year term starting at 6.5% interest / 6.875% APR and only 1-2% origination / up to $5mm loan amount

50% down

Lot Loans / C TIER BORROWERS / No Doc / Spec only:

12-24 month terms starting at 10% interest / 12% APR and 3-4% origination

$30-50% down / up to $10mm loan amount

Construction Loans / A TIER / Full Doc 43% DTI / Own occ only:

2,3,5 & 7 year LIBOR ARM’s (30 year term) from 3.375% / 4% APR and only 1-2% origination

80% LTV up to $1mm

75% LTV up to $1.5mm

70% LTV up to $2mm

60% LTV up to $3mm

Construction Loans / B TIER / No Income Requirements / Spec only:

12-18 month terms starting at 6% / 6.375% APR and only 1.5% origination

Up to 80% LTV / up to $5mm loan amount

Construction Loans / C TIER / No Doc / Spec only:

9-18 month terms starting at 10% / 12.5% APR and only 3% origination

30-40% equity in project / up to $10mm loan amount

Call or email me today for immediate attention to your loan scenario!