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Bull Venture Capital

Construction Loan
Ground Up - LG421

Bull Venture Capital

Summary of all Guidelines

Loan Types Construction Loan
Property Types Condo, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $200,000
Loan amount Maximum $50,000,000
Interest Rate Minimum 8.75%
Interest Rate Maximum 14.75%
Points Minimum 1st TD 1
Points Maximum 1st TD 2
Terms 18 month
Typical Days Required to Fund 11-15 Business days
Credit Score Min 620
Cross Collateralize Blanket Yes
Lien Position 1st
Prepayment Penalty 6 months
Intended Occupancy Tenant, Owner Occupied Business Purpose
Fixed or Adjustable Fixed
Recourse Recourse
Reserve Requirement 4 months
Updated as of 2024-02-19
These descriptions are limited information and meant for general reference purposes.