Construction Loans

Adjustable Rate Mortgages up to 10 years with options for interest only payments

Construction Loans
Construction Loans

If you intend to build a new structure or modify an existing one, there’s a good chance you will require additional capital to accomplish your goals. We offer construction loans that provide the ideal way to attain the money you require for architects, construction labor, building materials, and related costs. We will assist you in acquiring the best loan option for your individual needs and qualifications.

What Is A Construction Loan And How Do I Benefit?

A construction loan is a short-term loan option that gives you the upfront capital to cover construction costs when you build a new structure or modify an existing one.

You have a lot of plans for your real estate and sometimes the money you need isn’t there right when you need it. A construction loan gives you the money you require when you need it but due to it’s short-term nature it doesn’t accrue a lot of interest.

We have options to transfer your short-term construction loan to a long term loan once construction has finished. This option gives you the money you need upfront and the time you need to pay it back. In this scenario the rate is locked which means you won’t be stuck with a higher rate later.

Typically, our lenders will want to see your construction plans and understand your construction timeline. This can benefit your project because it requires your contractors to provide a straight forward timeline and budget.

Our Construction Property Loans pre-qualify typically within 3 days!

We offer loans for a variety of realty including Spec Homes, Bridge Financing, and Flipper Properties
Construction Loans Between $100,000 and $5,000,000

With a minimum of 20% down on the land purchase, we can finance the balance up to $300,000

Financing available for up to 75% Loan to Cost

We have Construction Realty Loans available to borrowers with excellent to less than perfect credit

Flexible draw schedules