Ground-Up Loans
Program Terms
We provide competitive terms and minimal upfront fees, ensuring a transparent
and predictable process when you reach the closing table.
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Loan Amounts: $300K - $10M |
Rates: starting from 9.5%
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Payment: Interest Only |
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Points: 1.5% - 2% |
$995 Doc Fee |
LTC: Up to 85% |
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Geography: Nationwide (except MN, NV, NY, SD, ND) |
NO Appraisal Required: Save $695 and 30 days! |
Financing for purchase and renovation costs |
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Quickest draw |
NO Junk Fees |
Credit Score: 600 Minimum |
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Title Insurance & Recording Fees: Approximately 1% |
NO Prepayment Penalty: Payoff the loan at anytime |
Loan Terms: 12 to 24 months |
Why Choose Us?
We provide fast funding to real estate investors, with loan approval in under 5 minutes
and funding in as little as 5 days.
Instant Online
Approval
A quick 5-minute, streamlined, online application, with no hard credit pull required.
Instant Proof of
Funds Letter
Secure your investment property by instantly obtaining your proof of funds and gaining the edge over the competition.
Instant Term
Sheet
Receive your term sheet immediately upon loan approval, enabling you to accurately calculate your costs.
Fast and Seamless
Closings
We seamlessly expedite your journey to the closing table in as little as 5 days.
Recently Funded
$380,000
Jacksonville, FL
-
Type of Loan
Fix & Flip
-
Interest Rate
9.50%
$1,050,500
Miami, FL
-
Type of Loan
Bridge
-
Interest Rate
9.75%
$665,000
Hollywood, FL
-
Type of Loan
Fix & Flip
-
Interest Rate
10.25%
Ground-Up Construction Loans
As direct hard money lenders, we specialize in providing private construction loans with a streamlined underwriting process, sparing borrowers from the extensive requirements imposed by traditional banks. We comprehend that time is of the essence for builders, and in the realm of new construction, unexpected challenges are par for the course. Hence, we offer our clients private construction loans tailored to their specific needs, offering the flexibility and responsiveness required to navigate the construction process efficiently.
still have questions?
Our team provides loans for a variety of different home types such as the ones below:
- Single Family Home
- Townhomes
- Multi-Family Units
- Apartments
- Condominiums
- And other home types
We typically lend up to 85% of the construction costs associated with the build. We only lend on hard costs so you will need to be able to cover soft costs.
Typically, our interest rates stand at 9.50%, with loan terms ranging from 12 to 24 months. There are associated closing costs, including a 1.875% origination fee. The majority of our loans are structured as interest-only, where fixed interest payments are made throughout the term, and the full balance is due at maturity.
For ground-up construction loans, we aim to deliver a term sheet within 72 hours. After approval, the average time to close is typically 3 – 4 weeks. Closure time for these loans may vary, contingent on factors such as appraisal, title, and environmental conditions.
The majority of our loans do not impose prepayment penalties, allowing you to pay off the loan in its entirety before the term concludes without any additional fees.
Get an Instant
Approval For
Your Next Project!
5-minute instant online approval, term sheet, proof of funds, empower you on your path to success!
