Our Ground Up financing is structured for your specific needs with each unique project.
Ground Up Construction Loans
- PROPERTY TYPES: Homes with 1-4 Units
- LOAN AMOUNT: $50,000 - $5,000,000
- MAXIMUM LOAN TO COST: Up to 75% of the lower of land value or purchase price/60% if unpermitted, plus 100% of construction
- MAXIMUM LOAN TO COST: Max 80% of total project costs
- MAXIMUM LOAN TO COST: LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing
- MAXIMUM LOAN TO ARV: 70%
- TERM LENGTH: 12 months, possibly Up to 18 can be considered
- RECOURSE: Full Recourse