Starting at 5.5% to 12.99% Dependant on the collateral type, program, location, loan size, and structure.
Points: 2% to 4% Dependant on the collateral type, program, location, loan size, and structure.
4. Other Collateral Types Case by Case.
Loan to Cost:
Up to 90% LTC via a 1st and Approved 2nd Combo
Up to 80% 1st Only
Loan to Cost Factor:
Land Acquisition +
Soft Costs inclusive of Interest and Fees +
Hard Construction Costs
After Constructed Value:
Up to 70% to 75% as determined by Appraisal.
1, up to 2 or 3 Years with extension options.
Minimum FICO Score:
660 or Higher
Preferred but not required if well qualified with an experienced GC and Development Team.
US Domestic Projects only.
Minimum Loan Amount:
No Maximum Loan Request