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NEW CONSTRUCTION

FUNDING

Private Money Ground Up Funding Program
Term Summary
  • Build to Sell or Build to Rent

  • Up To 100% of all Vertical Cost

  • Up to 50% of Land Cost (Possibly higher on a case by case basis)

  • Max Funding 70% ABV (After Built Value)

  • Rates Starting at 7.99% I/O Per 12 Month Fixed Term

  • 12 Month Interest Only with no Prepayment Penalty

  • Origination 2% and up

  • 600 Minimum Credit Score

  • Single Family: $100,000 - $5,000,000

  • Multi-Family: $250,000-$25,000,000

  • Close in as little as 7 Business Days

  • Heave/Large Builds OK

  • Rate & Leverage Depends on Experience

  • No Interest Charged on Un-drawn Funds

  • Refinance & Hold with our 30 Year Stated Loan Product - N.O.O!

 

  **Lines of Credit Funding Options Available

Need more details? Contact us

We are here to assist. Contact us by phone, email or via our Social Media channels.

© 2018 by REIBH, Inc. 

Not all applicants will qualify for financing. All finance programs and rates are subject to final approval and are subject to change at any time without notice. Supporting financial documentation may be required by any transaction. REI Brokerage House brokers commercial, business purpose loans for real estate and business investment purposes only. Loan's are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited. This is not a commitment to lend, loans are subject to borrower/asset underwriting approval at the lender’s discretion. Please seek independent legal and tax advice when making investment decisions, we at REI Brokerage House, are not to be considered your source for legal or tax/accounting advice.   

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