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


Ready to apply?

Our online application process is fast, secure and easy to complete. You’ll be guided through each section step-by-step.

A delay in securing funding could be the difference between disappointment and an incredible investment opportunity. Closing takes an average of 17-21 business days.

Don’t wait any longer.