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Capital Three Sixty

Construction Loan
Ground-Up Construction Residential 1-4 units (GUC): - LG452

Capital Three Sixty

Summary of all Guidelines

Loan Types Construction Loan
Property Types 2-4 Units, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $100,000
Loan amount Maximum $3,000,000
Interest Rate Minimum 11.75%
Interest Rate Maximum 13%
Points Minimum 1st TD 2
Points Maximum 1st TD 2.5
Terms 1 year, 18 month
Typical Days Required to Fund 20-30 Business days
Credit Score Min 680
Interest Only or Amortized Interest Only
Fees Underwriting
Entities LLC - Limited Liability Corporation
Extensions Available Considered based on Performance
Cross Collateralize Blanket No
Lien Position 1st
Max Points Charge by Broker 5
Prepayment Penalty No Prepayment Penalty
Intended Occupancy Tenant
Fixed or Adjustable Fixed
Recourse Recourse
Reserve Requirement 6 months
Updated as of 2024-02-18
These descriptions are limited information and meant for general reference purposes.