LOAN PURPOSE | New construction projects |
INTEREST RATE[1] | Rates as low as 9.95% |
LOAN AMOUNT | $300K to $20MM |
LOAN TERM | 12 months |
BORROWER TYPE | Individual or group |
EXPERIENCE | Based on prior 36 months |
MAX LOAN-TO-VALUE (LTV)[7] | 65 to 70% |
MAX LOAN-TO-COST (LTC)[8] | 80 to 85% |
LTV VS. LTC | We use the best calculation for your project |
CONSTRUCTION FINANCING | Up to 100% |
PROPERTY TYPE |
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City, State | Gilbert, Arizona |
Population | 254,114 |
Map Coordinates | 33.31°N 111.74°W |
Median Home Price | $372,500 |
Housing Units Owner Occupied | 61,517 |
Housing Units Renter Occupied | 19,718 |
Hard Money Loan Volume | $175,186,191.60 |
Rental Property Loan Volume | $215,479,015.67 |
Bridge Loan Volume | $61,315,167.06 |
Fix & Flip Loan Volume | $133,141,505.62 |