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 | San Antonio, Texas |
Population | 1,547,253 |
Map Coordinates | 29.47°N 98.52°W |
Median Home Price | $171,100 |
Housing Units Owner Occupied | 274,290 |
Housing Units Renter Occupied | 237,983 |
Hard Money Loan Volume | $1,066,676,218.20 |
Rental Property Loan Volume | $1,312,011,748.39 |
Bridge Loan Volume | $373,336,676.37 |
Fix & Flip Loan Volume | $810,673,925.83 |