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Property Type: 1-4 Unit Residences, Condo, 5+ Unit Multi Family, Townhouses, and Mixed Use
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Purpose: Vertical new construction financing on build-ready lots
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Loan Amount: $250,000 - $100,000,000
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As Repaired / Improved LTV: Up to 75%
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Loan To Cost (LTC): Up to 95%
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Total Units Per Loan: Multiple properties per loan allowable if in the same jurisdiction
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Loan Term: 12-36 Months
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Rehab Financing: 100%
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Proceed Usage: Purchase, Refinance, Renovation, Bridge
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Those Who Qualify: US Citizens, Foreign Nationals, Permanent Resident Alien
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Minimum Credit Score: 680
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Pre-Payment Penalty: None