Secure the funding you need to transform your vision into reality with our New Construction Loans. Designed specifically for developers and builders, this financing option supports your project from land acquisition to completion. Enjoy flexible terms and draw schedules tailored to align with your construction timeline, ensuring you have access to the capital you need when you need it. Whether you are building single-family homes or multifamily units, we empower you to construct with confidence and achieve your investment goals.

Loan Highlights

• Loan Size: $75,000 – $2 Million per unit
  
• Term: 9–12 months
  
• Extension options available
  
• Rate: 10.9% – 11.9%
  
• Monthly interest-only payments
  
• Prepayment: No prepayment penalty
  
• Repeat Borrowers: Discounted pricing available
  
• Points: 1.5 – 3 points
  
• Fees:
  
• $1,995 Documentation Fee
  
• Loan-to-Cost (LTC): Up to 85%
  
• Loan-to-Value (LTV): Up to 70%
  
• Geography: Nationwide
  
• Excludes: Louisiana, Minnesota, Missouri, North Dakota, New York, South Dakota
  
• First Time Builder Friendly