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Ground Up Construction

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Ad number:#843470501
Contact:Reginald Metts
Phone:(678)213-7038
City:Conyers
Zip:30013
Price:$0.00

Description

Expand your real estate investment solutions for 1-4 unit residential investment properties.

Featuring fast closings and common-sense underwriting. Our 100% Premier Ground Up product is a quick,

smart and effective alternative for financing construction costs prior to transitioning into a long-term loan.

Closing times typically 10-14 business days
Loan size $50,000 – $1,000,000 over case by case
Your choice on level of transaction involvement
Interest as drawn for construction >$100,000

 

FICO ≥ 700
Term: 8 or 12-month loan
100% Rehab Financing
70% ARV
FICO < 700 – 660
Term: 8 or 12-month loan
100% Rehab Financing
60-65% ARV
For ground up Constructions some experience with larger rehab projects required for this program.

At least one project completed and a 660+ credit score. Land must be purchased and the base must be poured with a building permit. 

Our Lender  may refund the cost of the foundation as part of the total loan subject to appropriate ARV limit.

Experienced 1-4 family builders may qualify for refund of land purchase price.

One-time $250 application fee
**Refunded after closing**
No application fee on all deals after

Available in GA and other States

http://www.everlastingrealestatesolutions.com

 

 

 

 

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