Valor Lending Group offers excellent loan programs for land loan, lot loan & construction loan scenario’s!
Whether you are a flipper or a commercial builder we’ve got you covered!
Lot Loans / A TIER / Full Doc 43% DTI / (owner occ only):
3,5 OR 7 year lot loan starting at *4.5% interest rate /*APR 5% 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 *6.875% interest / *7.375% 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 / *11.25% APR and 3-4% origination
50% down / up to $5mm 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 *3.875% interest rate / 4.375% 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 86.75% interest rate /8 7.125% 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% interest rate / 11.375% APR and only 3% origination
25% equity in project / up to $5mm loan amount
I am able to take a Loan Application on a moment’s notice & will be happy to provide Pre approval letters.
Please do not hesitate to call on me if I may be of service in any way!
Surf and Sunshine,
Stefanie Prescher
Loan Officer
CA BRE# 01970140
NMLS# 463609
Valor Lending Group
“Pride in Lending”
Petco Park
Diamond View Tower
350 10th Ave – 10th Floor
San Diego, CA
Direct: (616) 485-8784
Office: (619)344-2640
Fax: (619) 255-0602
web: www.valorlending.com
smprescher@valorlending.com
