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 | Scottsdale, Arizona |
Population | 258,069 |
Map Coordinates | 33.68°N 111.86°W |
Median Home Price | $534,300 |
Housing Units Owner Occupied | 83,222 |
Housing Units Renter Occupied | 40,569 |
Hard Money Loan Volume | $177,912,768.60 |
Rental Property Loan Volume | $218,832,705.38 |
Bridge Loan Volume | $62,269,469.01 |
Fix & Flip Loan Volume | $135,213,704.14 |