Date

Valor Lending Group offers excellent loan programs for land loan, lot loan, and construction loan scenarios!

Valor Lot Loan Programs: 

Lot Loans | A TIER Borrower | Full Doc 43% DTI (Owner-Occ Only)

• 3, 5, or 7 year lot loan at *5.875% interest rate / *6.29% APR and only 1-2% origination based on $1m loan amount
• LTVS:
  • 80% to $350k
  • 75% to $500k
  • 70% to $630k
  • 65% to $750k
  • By exception above $750k

Lot Loans | B TIER Borrowers | 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 $5m loan amount
• 50% down

Lot Loans | C TIER Borrowers | Limited Doc | Spec Only

• 12-24 month terms starting at *10% interest / *11.25% APR and 3-4% origination
• Up to $5m loan amount
• 50% down

Valor One-Time Close Construction-to-Permanent Loan

Why worry about re-qualifying or incurring additional costs? Designed for manufactured, modular, and stick-built housing, this program offers all-in-one financing option for construction, lot purchase, and permanent mortgage funding with one closing. Because the permanent loan is closed before construction begins, there is no need to re-qualify the borrower, simplifying the construction and purchase process.

Financing Eligibility

• Financing options: FHA, USDA, and VA
• Maximum LTVs:
  • FHA: 96.5%
  • USDA: 100% of Market Value
  • VA: 100% not including VA funding fee
• 620 minimum qualifying credit score

Eligible Terms

• FHA: 15- and 30-year fully amortized fixed
• USDA: 30-year fully amortized fixed
• VA: 15- and 30-year fully amortized fixed

Eligible Property Types

• FHA: Multi-wide manufactured housing, modular housing, 1-unit stick built housing
• USDA: New Multi-wide manufactured housing, modular housing, 1-unit stick-built housing
• VA: New Multi-wide manufactured housing, modular housing, 1-unit stick-built housing

Program Highlights

• No payments due from borrower during construction
• No re-qualification once construction is complete
• Single closing reduces total costs
• This single close construction loan program is also the permanent financing and pays off lot loan
• Minimum Loan Amount of $350,000
• 10/1, 7/1, & 5/1 ARM available

Single Construction Fee

Includes the construction interest, as well as:

• Construction draws
• Title updates
• Any necessary loan modifications
• Construction underwriting
• Construction closing coordination

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.

Valor Lending Group also offers literally every loan in the book! Check out more information on our programs below and please do not hesitate to call on me for any scenarios.  I look forward to an opportunity to demonstrate my prompt and professional service.

Recap of our Loan Products: 

1. Stated Income Loans (No Tax Returns, no W-2s, No P&L)
2. Bank Statement Income Loans (Great Bank Statement Program for business owners and self employed)
3. Hard Money Loans (As low as 20% down / minimal documentation) Fund in 7-10 days.
4. Flipper Loans (Flip a property with one of our many options)
5. Line of Credit
6. 100% Financing
7. Foreign Nationals Loans (no social security or residency required)
8. Raw Land & Lot Loans
9. Ground up Construction for spec homes, custom homes and commercial ground up.
10. 2nd-Position Loans up to $5mm
11. Investor Cash Flow Loan – No tax returns or DTI calculation! Based on subject property cash flow
12. Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
13. 10% down Jumbo’s with NO MI up to $2.5mm
14. Manufactured Housing / Mobile Homes (20% down / 620+ credit score)
15. Acreage Properties
16. Commercial Loans up to $500mm
17. 5% down Jumbo (Up to $2mm Lender paid PMI)

We also offer:

1. 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans (under $484,350)
2. High Balance Conforming aka Super Conforming (from $484,350-$726,525)
3. Jumbo’s to $10 Million / Super low rates! / 10% down Jumbo to $3mm
4. FHA, VA, USDA
5. ARM’s
6. Reverse mortgages up to $10 Million Value
7. Refinance including Cash Out