Loan size $50,000 - $1,000,000 (*up to $2,000,000 case by case)
Closing times typically 10-15 business days
Interest as drawn for construction >$100,000
Call for rate/program with FICO <660
Your choice on level of transaction involvement
25 States: CO, CT, DE, FL, GA, IN, IL, KS, KY, LA, MA, MD, ME, MO, NC, NH, NJ, NY, PA, RI, SC, TN, VA, WI, WV
TERMS DETERMINED BY FICO
FICO Term Purchase Construction Financing ARV
≥ 700 8 Months Up to 70% 100% 70%
12 Months
18 Months*
< 700 – 660 8 Months Up to 70% 100% 60%
12 Months
18 Months *
*Extension Fees Applicable
Predevelopment / Horizontal Infrastructure
Raw Land
Acquisition/Refinancing
Development
Borrow $1 million to $70 million
Rate from 8%
Loan-to-value ratio up to 75%