Construction Loan
Ground Up Construction
Program #LG368
Ground Up Construction
Program #LG368
Summary of all Guidelines | |
Loan Types | Construction Loan |
Property Types | Mixed use, Multi Family, SFR |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $500,000 |
Loan amount Maximum | $3,000,000 |
Interest Rate Minimum | 10.5% |
Terms | 1 year, 2 year |
Typical Days Required to Fund | 6-10 Business days |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
Prepayment Penalty | No Prepayment Penalty |
Intended Occupancy | Tenant |
Recourse | Recourse |
General Pricing or Guideline info | Loan Amount: Up to $20M Max Loan to ARV: Up to 70% Max Loan to Cost: Up to 85% Recourse: Limited Guarantee Options Property Types: SFR, Multifamily, Conversions Term: Up to 24 Months Lien Position: 1st Lien Rates as low as 10.49% Construction Loan Requirements Our team of construction loan experts at Revolution Realty Capital has funded over $1 Billion in loans nationwide. We offer horizontal and vertical construction financing for eligible projects including infill, subdivisions, and master-planned communities. Experienced builders and developers rely on us for industry-leading financing structures, speed of execution, and certainty of closing. How a Construction Loan Works Construction loans — also called a self build loan, ground-up development financing, and new construction loans — are designed for commercial real estate investments. Ground up construction loans are short term financing options used to develop non-owner occupied single-family, multi-family, and mixed-use propertied on a permitted or permit-ready lot. Construction loan lenders consider the following for investors applying for construction funding: •Successful track record with similar real estate investments •Real estate development experience •Credit score •Clean financial and criminal background •Size of the down payment •Amount of liquid reserves |
Updated as of | 2023-11-24 |
Loans Amount: Up to $20M
Max Loans to ARV: Up to 70%
Max Loans to Cost: Up to 85%
Recourse: Limited Guarantee Options
Property Types: SFR, Multifamily, Conversions
Term: Up to 24 Months
Lien Position: 1st Lien
Rates as low as 10.49%
Construction Loans Requirements
Our team of construction loan experts at Revolution Realty Capital has funded over $1 Billion in loans nationwide.
We offer horizontal and vertical construction financing for eligible projects including infill, subdivisions, and master-planned communities.
Experienced builders and developers rely on us for industry-leading financing structures, speed of execution, and certainty of closing.
How a Construction
Loans Works
Construction loans — also called a self build loan, ground-up development financing, and new construction loans — are designed for commercial real estate investments. Ground up construction loans are short term financing options used to develop non-owner occupied single-family, multi-family, and mixed-use propertied on a permitted or permit-ready lot.
Construction loan lenders consider the following for investors applying for construction funding:
•Successful track record with similar real estate investments
•Real estate development experience
•Credit score
•Clean financial and criminal background
•Size of the down payment
•Amount of liquid reserves