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 | Wichita, Kansas |
Population | 389,938 |
Map Coordinates | 37.69°N 97.34°W |
Median Home Price | $146,700 |
Housing Units Owner Occupied | 90,887 |
Housing Units Renter Occupied | 62,567 |
Hard Money Loan Volume | $268,823,257.20 |
Rental Property Loan Volume | $330,652,606.36 |
Bridge Loan Volume | $94,088,140.02 |
Fix & Flip Loan Volume | $204,305,675.47 |