Construction Loan
Program #LG307
Program #LG307
![Northpoint Bank](https://lendding.com/wp-content/uploads/2024/09/2087398000012092303_accounts_photo-150x37.png)
Summary of all Guidelines | |
Loan Types | Construction Loan |
Property Types | 2-4 Units, SFR |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $200,000 |
Loan amount Maximum | $2,000,000 |
Interest Rate Minimum | 8.25% |
Interest Rate Maximum | 9.75% |
Terms | 6 month, 9 months, 1 year |
Credit Score Min | 680 |
Lien Position | 1st |
Documents needed | Pay Stubs, two most recent (if applicable), Two years Tax Returns if Self Employed, W2s |
Reserve Requirement | 6 months |
Updated as of | 2023-10-27 |
These descriptions are limited information and meant for general reference purposes.