
Best Start For Your Business
Constrcustion Loan
Residential
- Loan amounts from $75,000 to $3,000,000
- Loan amounts up to 90% of the appraised value for loans of $548,250 or less
- 80% for loans over $548,250 on single family, owner occupied,
- Full income documentation
- Land purchase may be included in the construction loan, up to 75% of the lot purchase price
- Foreign Nationals are eligible for this program
- Loans are available to Borrowers with excellent to less than perfect credit
- Flexible draw schedules
- 1 to 4 family homes
- 12 month construction term may be exteneded to 18 month
- Interest only payments based on funds advance
Commercial
- Loan amounts from $100,000 to $5,000,000
- Loan amounts up to 75% of the purchase price in improved subdivisions, where construction will begin immediately after acquisition, otherwise up to 65% of the purchase price/value, whichever is less
- Foreign Nationals are eligible for this program
- No minimum acreage requirement or maximum limitations
- Loans are available to Borrowers with excellent to less than perfect credit
- Commercial zoned land with entitlements or multi-family 5 units or more
- Limited income documentation available at 40% loan to value or less
- Up to 5 year terms