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Construction Loan
Program #LG510

Southern Bancorp

Summary of all Guidelines

Loan Types Construction Loan
Property Types 2-4 Units, Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Car Wash, Church, Condo, Daycare, Entertainment Venue, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Facility, Medical Office, Memory Care, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Senior Care - Low Income, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse
Lendding Area NATIONWIDE
Loan amount Minimum $1,000
Loan amount Maximum $30,000,000
Interest Rate Minimum 8.25%
Interest Rate Maximum 12%
Credit Score Min 600
Prepayment Penalty No Prepayment Penalty
These descriptions are limited information and meant for general reference purposes.