New Construction
Loan Terms
- Loans from $500K to $5M
- 12-24 Month Term – Interest Only
- Spec Development allowed
- Redevelopment, conversion and condo loans also permitted
- Negotiable release prices on multi-asset projects
- Interest Reserves and be built in
- Nationwide Footprint
- Fast Approvals and funding since we are a non-bank
- Eligible Properties: Single-Family detached, condos, townhomes, multi-family
Advantages of New Construction Loans
- Competitive financing and loan terms
- Fast approvals and closings for group-up projects
- Interest only loans