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Construction Loan
Program #LG578

NGRE Group

Summary of all Guidelines

Loan Types Construction Loan
Property Types 2-4 Units, Mixed use, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $800,000
Loan amount Maximum $4,000,000
Interest Rate Minimum 9.75%
Interest Rate Maximum 12%
Points Minimum 1st TD 0.75
Points Maximum 1st TD 2
Terms 2 year
Interest Only or Amortized Interest Only
Lien Position 1st
Prepayment Penalty No Prepayment Penalty

OUr "Ground Up Construction" loan program offers a streamlined financing solution tailored for the development of multi-familiy dwellings and single-family homes that are either entitled or breaking ground ready.

Seasoned builders or developers seeking to expedite project initiation without reliance on traditional bank financing.

Contractors who possess entitled or breaking ground-ready land but require financial support to kickstart their projects.

​At NGRE Group, we specialize in swift closings for our ground-up construction loans, offering competitive rates. Our loan process minimizes documentation requirements, prioritizing project risk assessment for underwriting. With our program, you gain access to swift financing, enabling the development of single-family speculative homes or multi-family complexes. Partner with us, an established and dependable lender, to expedite your project's success.`

These descriptions are limited information and meant for general reference purposes.