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Ground-up Construction

Our Ground-up Construction financing program is designed to provide an efficient financing solution for the construction of single-family homes, multifamily units and mixed-use projects that are ready to build or shovel-ready. This type of loan is a great opportunity for experienced builders or developers looking to start a new project without having to wait for bank financing, builders who own an entitlement or shovel-ready property but need the financing to get the project started, or for a fix & flip project that involves extensive renovation work requiring vertical or significant horizontal additions to the property. This program is a great way to purchase land to build a single family home or multifamily dwelling.

We offer you the opportunity to close quickly with a reliable and experienced lender as your financing partner.

Terms
Property Types Commercial residential
Loan Amount $1M - $100M
Starting Interest Rate 8% - 12%
LTC/LTV Up to 90% of LTC or 75% LTV
Term Length 12-36 Months
Expected Closing Time 2 Weeks
Prepay Penalty Varies - Case by Case
Extension Available 6 Months to 1 Year
Lending area Nationwide
Benefits
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Flexible in terms and guidelines
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Lower interest rate and have a longer repayment period
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Pay only the interest during construction
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Engage an experienced team who has successfully handled hundreds of cases.

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John
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