Ground Up Construction Loans Nationwide

Short-term loans to build ground up. Business purpose only, not a home loan. We lend nationwide. Phoenix is home base. The loan can include purchase of the lot plus vertical construction. Leverage is 92.50% of total cost, up to 75% of completed value, and typically up to 80% Acq on the lot. Cost is lot (if you're buying it) plus hard and soft costs to get the house up. If you already own the land, cost is the build. Draws as work is done. Interest-only, balloon at the end. Typical terms 12, 18, or 24 months. No rate grid here.