Home Builder Construction Loan Program

This is a short-term construction loan for home builders for subject properties located in Arizona, California, Colorado, Idaho, Illinois, Michigan, North Carolina, South Carolina, Ohio, Oregon, Texas, Utah, and Washington.

Stated Income goes to 1 Million

  • 70% LTV (loan-to-value)
  • 85% LTC (loan-to-cost)

Loan Amounts:

  • Maximum Loan Amount - 1 Million
  • Minimum Loan Amount - 50K

Available Terms:

  • 4 months
  • 6 months
  • 9 months
  • 12 months

Shorter-term - lower cost

Blanket Loan available

Construction Completion

Draw Disbursement

Eligible Property Types:

  • Single Family Residence SFR
  • 2 Unit
  • 3 Unit
  • 4 Unit

Occupancies:

  • Owner Occupied and Non Owner Occupied

Eligible Borrowers

  • Legal Entities - Yes
  • Foreign Nationals - Yes

Underwriting Notes:

Lender qualifies the lowest middle credit score of both borrowers