Hard Money Construction Loans
Max LTV
65%
Loan Amount
$100k-$3MM
Term
24 Months
Amortization
Interest Only
Closing Time
10-15 Days
Loan Purpose
Construction
Property Types
SFR, 2-4 Units, Vacant Land
Lending Areas
Florida
This program is a perfect fit for small to midsize developers looking for ease of execution and the cutting of red tape sometimes necessary to get a construction project off the ground.
After a preliminary and common sense review of already approved construction documents and an analysis of the project’s cost breakdown, an appraisal is ordered to determine the as-completed value of the project and we will lend up to 65% of that value while considering paid land value as part of a developer’s project equity.
We simplify our draw schedule into 3-5 draws against completed and inspection approved work.
Residential Loan Products:
