Are you looking for funding to start a new construction project?
United Financial Services can help you with all of your ground-up construction finance needs. This program, which has an 18-month duration and rates starting at 7.99% , ensures that your project is well-funded from beginning to end.
| LOAN CRITERIA | |
|---|---|
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Collateral: |
Minimum Property Value: |
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Term: |
Rates: |
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Loan Amount: |
Mininum FICO: |
NEW CONSTRUCTION LOAN PROGRAM ASSUMING ENTITLEMENTS, PERMITS & APPROVED PLANS
| Tier 1: Completed 10+ Ground Up Construction Projects | ||
|---|---|---|
| INITIAL LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum Loan-To-Value |
Maximum Loan-To-Cost |
|
Purchase |
Up to 75% of the As-Is Value |
Up to 75% of the As-Is Value |
|
Refinance |
Up to 75% of the As-Is Value |
N/A |
| MAX LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum ARV |
Total Loan-To-Cost |
|
Purchase |
Up to 75% ARV |
Up to 90% LTC |
|
Refinance |
Up to 75% ARV |
Up to 85% LTC |
| Tier 2: Completed Between 5 and 9 Ground Up Construction Projects | ||
|---|---|---|
| INITIAL LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum |
Maximum |
|
Purchase |
Up to 75% of the As-Is Value |
Up to 75% of the As-Is Value |
|
Refinance |
Up to 60% of the As-Is Value |
N/A |
| MAX LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum |
Total Loan-To-Cost |
|
Purchase |
Up to 75% ARV |
Up to 85% LTC |
|
Refinance |
Up to 75% ARV |
Up to 85% LTC |
| Tier 3: Completed Between 4 and 6 Ground Up Construction Projects | ||
|---|---|---|
| INITIAL LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum |
Maximum |
|
Purchase |
Up to 70% of the As-Is Value |
Up to 70% of the As-Is Value |
|
Refinance |
Up to 60% of the As-Is Value |
N/A |
| MAX LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum |
Total Loan-To-Cost |
|
Purchase |
Up to 65% ARV |
Up to 80% LTC |
|
Refinance |
Up to 65% ARV |
Up to 80% LTC |
| Tier 4: Completed Between 1 and 3 Ground Up Construction Projects | ||
|---|---|---|
| INITIAL LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum |
Maximum |
|
Purchase |
Up to 70% of the As-Is Value |
Up to 70% of the As-Is Value |
|
Refinance |
Up to 60% of the As-Is Value |
N/A |
| MAX LOAN AMOUNT | ||
|---|---|---|
|
|
Maximum |
Total Loan-To-Cost |
|
Purchase |
Up to 65% ARV |
Up to 80% LTC |
|
Refinance |
Up to 65% ARV |
Up to 80% LTC |
At least one borrower or guarantor must have the above-mentioned number of qualifying pieces of experience or equivalent experience in the last three (3) years, as well as at least one (1) year in the business of acquiring or remodeling real estate for investment purposes.
Loan types, verification of application information, and other risk-based variables may influence final loan terms.
Are you prepared to submit your deal?
Short-Term & Long-Term Financing for Real Estate Investments