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 | Peoria, Arizona |
Population | 175,961 |
Map Coordinates | 33.78°N 112.30°W |
Median Home Price | $307,800 |
Housing Units Owner Occupied | 49,737 |
Housing Units Renter Occupied | 16,581 |
Hard Money Loan Volume | $121,307,513.40 |
Rental Property Loan Volume | $149,208,241.48 |
Bridge Loan Volume | $42,457,629.69 |
Fix & Flip Loan Volume | $92,193,710.18 |