Construction Loans Up to $1.7 million
The Capital Advantage
- Loan amounts up to $1,750,000
- Loan amounts up to 90%* of the appraised value on single family, owner occupied, full income documentation, conforming loans.
- Land purchase may be included in the construction loan, up to 75% of the lot purchase price
- Fast pre-qualification, typically within 3-5 business days
- Loans are available to borrowers with excellent to less-than-perfect credit
- 1- to 4-family homes preferred, see Multi-Family for more than 4 units
- 12-month construction term (longer terms considered on an exception basis)
- Interest-only payments based on funds advanced
- Well Qualified buyers can enjoy More Home. More Upgrades, Lower Down Payment, and Lower Monthly Payment.
Express Approvals need:
- Two year Tax returns
- Two year W2’s, 1099, etc.
- Two Months Bank Statement