NEW CONSTRUCTION
Our New Construction Loans are perfect for real estate investors, builders and developers seeking competitive financing for the acquisition, development or construction of ground-up projects.
With SuccessCap, our 60+ years of experience make us the ideal partners to help you get your vision up and running quickly and efficiently.
LOAN TERMS
Loan Amount: $50,000 - $20M+
Single Family/Townhomes/Multi-Family/Condos
Up to 75% towards the purchase of the property if permits and utilities, and 60% if unpermitted
Plus, up to 100% of Rehab Budget
Max Loan up to 85% of total project costs
Maximum Loan to ARV: 70%
Term Length: 12 Months (Loan Extensions Approved on a Case-by-Case Basis)
Purpose: Acquisition to Build to Sell | Build to Refinance
Exit: Sale or Refinance
Interest Rates starting at 10.99%
Draw Inspection Fees Apply
Loan Origination Points from 1.00%
No Application Fees