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American Heritage Lending
Construction Loan
Ground Up - LG375
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
11.5%
Interest Rate Maximum
14.75%
Terms
6 month, 1 year, 18 month, 2 year
Credit Score Min
660
Interest Only or Amortized
Interest Only
Fees
Underwriting
Lien Position
1st
Prepayment Penalty
No Prepayment Penalty
Intended Occupancy
Tenant
Reserve Requirement
6 months
Updated as of
2023-12-11
Program Code
LG375
These descriptions are limited information and meant for general reference purposes.
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