Ground Up

PROPERTY TYPES

Residential (1-4 Units)

LOAN AMOUNT

$50,000 $5,000,000

MAXIMUM LOAN TO COST
  • Up to 75% of the lower of land value or purchase price/60% if unpermitted, plus 100% of construction
  • Max 80% of total project costs
  • LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing
MAXIMUM LOAN TO ARV

70%

TERM LENGTH

12 months, up to 18 at lender discretion

RECOURSE

Full Recourse