Construction Loan
EasyBuild
Program #LG286
EasyBuild
Program #LG286
![Easy Street Capital](https://lendding.com/wp-content/uploads/2024/09/2087398000068939001_accounts_photo-150x46.png)
Summary of all Guidelines | |
Loan Types | Construction Loan |
Property Types | 2-4 Units, Condo, SFR |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $75,000 |
Loan amount Maximum | $2,000,000 |
Interest Rate Minimum | 10.75% |
Interest Rate Maximum | 13% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 3 |
Terms | 6 month, 1 year, 18 month, 2 year, 9 months |
Credit Score Min | 620 |
Interest Only or Amortized | Amortized and Interest Only Options available |
Fees | Loan Documents |
Entities | Corp - Corporation, LLC - Limited Liability Corporation, LP - Limited Partnership, Trust |
Lien Position | 1st |
Prepayment Penalty | No Prepayment Penalty |
General Pricing or Guideline info | - Construction draws are processed in 48-72 hours. - 9-12 Month Term (w/ extension provisions). - 10.9% Monthly Interest Only Payments. - Discounted pricing for repeat borrowers. - $1495 Doc Fee. - |
Updated as of | 2024-02-23 |
- Construction draws are processed in 48-72 hours.
- 9-12 Month Term (w/ extension provisions).
- 10.9% Monthly Interest Only Payments.
- Discounted pricing for repeat borrowers.
- $1495 Doc Fee.
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- Reed Morley
Director of Marketing
- Zach Deal
Senior Account Executive