Best Construction Loan Programs around
Minimum loan amount of $250,000 to $75,000,000
12, 18, & 24 month terms
Typically not applicable
1st Position Trust Deeds / Mortgages only
Multi State Nationwide
Recourse and Non-recourse considered
Land Development and Construction
The Most Common Ground Up Construction Loans
The loan takes you from acquisition to completion.
These loans provide funds to build your dwelling and for your permanent mortgage as well. This can only be acquired through banks and other traditional financial institutions.
Frequently Asked Questions(FAQs)
Licensed appraisers estimate a home’s value. They do this by assigning value to the plot of land on which the building is to be built, of the property that is to be refurbished and then comparing it to comparable properties. The properties used for comparison are referred to as “comps” and they inform the perceived value of your property.
Yes, you would need to show the projects that you have done that are similar and recent, or some kind of experience that is commensurate to the project that you are looking to do.