Construction Loan
New Construction
Program #LG63
New Construction
Program #LG63
![Asset Based Lending](https://lendding.com/wp-content/uploads/2024/09/2087398000057419001_accounts_photo-150x107.png)
Summary of all Guidelines | |
Loan Types | Construction Loan |
Property Types | 2-4 Units, Mixed use, Multi Family, SFR |
Lendding Area | arkansas, colorado, connecticut, florida, georgia, illinois, indiana, kentucky, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, new-hampshire, new-jersey, new-york, north-carolina, ohio, oklahoma, pennsylvania, rhode-island, south-carolina, tennessee, texas, virginia, washington, wisconsin |
Loan amount Minimum | $75,000 |
Loan amount Maximum | $3,500,000 |
Interest Rate Minimum | 9.5% |
Interest Rate Maximum | 15% |
Points Maximum 1st TD | 2 |
Terms | 1 year |
Credit Score Min | 660 |
Extensions Available | Yes |
General Pricing or Guideline info | *Final rates vary based on verification of application information, loan type, and other risk factors. |
Updated as of | 2022-01-01 |
*Final rates vary based on verification of application information, loan type, and other risk factors.
These descriptions are limited information and meant for general reference purposes.