New Construction Loan

New construction loans are available to experienced builders looking to build spec homes to be sold on the open market. Builders often run into limits with traditional constructions loans from the local banking community and this program allows them to keep the growth of their business moving upward.

Get Pre-Approved
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Property Types:

Residential

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Markets:

Houston

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Loan Amounts:

$100K+

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Term

Up to 12 months

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Amortization:

Interest-only

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Rate:

TBD

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Fees:

TBD

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LTV:

Up to 70%

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LTC:

Up to 90%

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Qualifying:

TBD

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Recourse:

Yes

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Prepay penalty:

No

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CLTV:

Up to 90%

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Escrows:

All construction funds

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Credit Score:

TBA

FAQs

Will you lend funds to purchase the land?

Yes, we provide loans for both acquisitions and construction funds.

If you own the land free & clear, does that count as equity?

Yes.

Is this loan program available for primary residences?

No, we will only lend on investment new construction projects.

FAQs

Will you lend funds to purchase the land?

Yes, we provide loans for both acquisitions and construction funds.

If you own the land free & clear, does that count as equity?

Yes.

Is this loan program available for primary residences?

No, we will only lend on investment new construction projects.

How Can We Help You?