$407,000 SFR Construction Loan

New Construction in Austin, TX:
Easy Street Capital recently provided funding for a New Construction project in the thriving city of Austin, Texas. The loan amount secured for this venture was $407,000. The loan structure included an 89.1% Loan-to-Cost (LTC), with $165,000 allocated for construction funding. The Loan-to-Value (LTV) was set at 60.7%, resulting in an initial funding amount of $242,000. This financial support empowers the project to proceed, exemplifying Easy Street Capital’s commitment to fueling innovative construction endeavors in the dynamic market of Austin, TX.