Construction Loan Lending Parameters

The strength/experience of the principal/sponsor is a key component for this private money construction loan program. Typically we will lend up to 75% of the cost of the project and we focus on shovel/ready construction projects.  See our other Hard Money Loan Programs.

Interest Rates: As Low as 9.00%
LTV: Up to 75% of Cost
Lien Position: 1st Trust Deeds Only
Loan Fee: Starting at 2 pts
Commitment Fees: CBC
Loan Amount: $500,000 and Up
Loan Term: 6-24 Months
Documentation: Stated Income
Underwriting Times: 48 Hours
Closing Times: 30 Days+/-
Geography: CA Only

General Guidelines

Strong verifiable income is a compensating factor.