In a dynamic market with limited lucrative opportunities, New Construction is a popular choice for investors seeking to make a lasting impact on homes, neighborhoods, and communities. Widely regarded as the pinnacle of real estate investing, New Construction presents unique opportunities for long-term investments.
Rates Starting at 10.49%
Strong credit, liquidity, and experience
Single family, 2-4 unit residential, Multifamily, and Mixed-use
Stick or Modular Build
Up to 90% LTC and 70% ARLTV
12-18 Month Term Available
Interest Charged As Drawn
Land Development or Knockdown Deconstruction
New construction loans provide financing for the building of new properties, covering everything from the purchase of the land to construction costs. These loans are usually short-term and are replaced with a traditional mortgage once construction is completed.
Individuals or developers planning to build a new property from scratch, who have detailed construction plans and a qualified builder, are ideal candidates for new construction loans.
They often involve interest-only payments during the construction phase, with funds disbursed in stages as construction milestones are reached. The loan then converts to a standard mortgage upon completion.
Risks include potential construction delays, cost overruns, and the possibility that the finished property's value may not meet initial projections, affecting the final mortgage terms.
Lenders evaluate the borrower's creditworthiness, the feasibility and detailed plans of the construction project, the reputation and reliability of the builder, and the projected value of the completed property.
Refinancing loans for extracting cash from the equity already built up in a property owned by the borrower
Learn More About RefinanceMaximize your investment potential, expand your portfolio, and increase your cashflow by investing in commercial/multifamily
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Learn More About Commercial BridgeOur long term loans designed for real estate investors seeking fixed rate low monthly payments for purchase or refinance
Learn More About Long Term LoanShort term loans for buying and renovating properties. Financing up to 90% of purchase and 100% of renovation
Learn More About Fix and Flip LoanExperience the highest level of service and the most competitive pricing working with the best in the hard money lending business