Top No Experience Ground Up Construction available now for investment properties in most US states. Finding a lender that will lend with no experience is almost impossible. Here at Valor Lending Group, we can assess your project and give the assistance to fund your project. No Experience Ground Up Construction Loan is specifically designed for clients that do not have the ownership. Meaning the borrower does not have to have any prior ownership in a property that was built from start to finish!
Call today to discuss your loan scenario and start your construction project tomorrow!
Top No Experience Ground Up Construction Loan Highlights
- Non-Owner-Occupied Property ONLY
- Max Loan Amount at $5MM
- Minimum FICO 680
- Property Types: 1-4 Unit, Condo, Townhome, Apartments Only
- Max LTC: 85%
- No Borrower Income
- Up To 75% LTV Of Purchase
- Interest Reserve Available
- No Rural Property
- All Interest Payments Taken Up Front
- Appraisal Required / Transferred May Be Ok
- 100% Of Construction Funds
- Same Day LOI’s
Other Amazing Products Adam Lawrence at Valor Lending Group Can Offer:
- Hard Money Loans (20% Down Purchase/ 75% Cash Out
- Stated Income Loans (Great for business owners and self employed ) No tax returns!
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow – No DSCR Coverage needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Ground up Construction for spec homes, custom homes and commercial ground up.
- 10% down Jumbo’s with NO MI up to 2MM / 15% down up to $3mm
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
CALL ADAM LAWRENCE TODAY(858-344-0323) FOR ALL AND EVERY LOAN SCENERIO OR EMAIL AT ALAWRENCE@VALORLENDING.COM
Check out more of what we offer. Check out Valor’s Mortgage News to learn more!