CONSTRUCTION

We offer financing for borrowers who are looking for both residential and commercial construction or renovation. 

  • Loan Amounts: $75,000 to $2,500,000
  • Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
  • Foreign Nationals are eligible for this program
  • Deal directly with the Loan Officer/Underwriter
  • Maximum Loan to Value Purchase: 80% / Refinance 75% (subject to the number of units, loan size, loan term, credit score and income)
  • 1 to 4 family homes preferred, refer to Commercial Loans for more than 4 units
  • Owner Occupied Primary Residence Only
  • Compensating factors taken into consideration
  • Recent bankruptcy or late mortgage payments are not automatic declines
  • No refinances allowed for existing Sub Prime, High Cost or Special Loans

15 to 30 year term available (conventional market rates do not apply)
*All rates and terms subject to change without notice

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