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 |
|
City, State | Mesa, Arizona |
Population | 518,012 |
Map Coordinates | 33.40°N 111.71°W |
Median Home Price | $259,300 |
Housing Units Owner Occupied | 117,871 |
Housing Units Renter Occupied | 69,240 |
Hard Money Loan Volume | $357,117,472.80 |
Rental Property Loan Volume | $439,254,491.54 |
Bridge Loan Volume | $124,991,115.48 |
Fix & Flip Loan Volume | $271,409,279.33 |