We finance the construction of residential and small multifamily investment properties.
Investors appreciate our flexible terms, ease of draw requests, and speed of closing.
Property
- Single-family, townhomes, 2-4 unit, ADU’s; larger projects also considered
- Loans are restricted to investment properties
- Rural properties not allowed
Loan Features*
- 12, 18 or 24-month term
- $150,000 to $1.5 million loan amount
- Up to 85% loan to cost; 65% loan to after construction value
- 100% financing of construction budget
Borrower
- 680 minimum FICO; no recent foreclosures or bankruptcies
- Entities only; a personal guarantee is usually required
- Pricing based on borrower experience
- No employment or income verification
Draws and Closing
- Close in 2-3 weeks
- Materials, labor, demolition, and customary soft costs reimbursable
- Virtual inspection- “Snap-Draw” Easily submit your own photos.
- 3-4 business days from inspection to draw funding
* This is not an offer to extend credit. Loan terms, interest rate, origination points, and fees are based on loan to value, rental cash flow, credit history, and other factors. Additional criteria may apply, and all details are subject to change without notice.