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 | Dallas, Texas |
Population | 1,343,573 |
Map Coordinates | 32.79°N 96.76°W |
Median Home Price | $231,400 |
Housing Units Owner Occupied | 210,929 |
Housing Units Renter Occupied | 308,069 |
Hard Money Loan Volume | $926,259,226.20 |
Rental Property Loan Volume | $1,139,298,848.23 |
Bridge Loan Volume | $324,190,729.17 |
Fix & Flip Loan Volume | $703,957,011.91 |