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Construction Loan
New Construction Loan
Program #LG751

RCN Capital

Summary of all Guidelines

Loan TypesConstruction Loan
Property Types2-4 Units, SFR
Lendding AreaNATIONWIDE
Loan amount Minimum $100,000
Loan amount Maximum $2,000,000
Interest Rate Minimum 10%
Terms 1 year, 18 month
Credit Score Min650
Interest Only or AmortizedInterest Only
Lien Position1st

EXPERIENCE LEVEL:
Completed 0 Fix and Flips in the Last 3 Years
PURCHASE

LIGHT REHAB
MAXIMUM LOAN-TO-VALUE
Up to 85% of Purchase Price
+ 100% of Rehab Costs

MAXIMUM AFTER-REPAIR VALUE
Up to 70% of the ARV
PURCHASE

MODERATE REHAB
MAXIMUM LOAN-TO-VALUE
Up to 85% of Purchase Price
+ 100% of Rehab Costs

MAXIMUM AFTER-REPAIR VALUE
Up to 70% of the ARV PURCHASE

HEAVY REHAB
MAXIMUM LOAN-TO-VALUE
Up to 70% of Purchase Price

+ 100% of Rehab Costs
MAXIMUM AFTER-REPAIR VALUE
Up to 60% of the ARV

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