Loan Amounts from $25K-$7M+

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GROUND UP CONSTRUCTION, WITH LAND FREE & CLEAR

-1-4 Units(above 4 units goes under our commercial program)
-100% of construction cost
-Interest rate: 8.9%-10.9%
-13 month interest only term no pre-payment penalty
-2-4 points (lower on larger deals)
-Closing in 10-14 days

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GROUND UP CONSTRUCTION LAND HAS NOT BEEN PURCHASED

-1-4 Units(above 4 units goes under our commercial program)
-10% down to purchase the land + 90% construction financing (total investment of 10%)
-Interest rate: 8.9% - 10.9%
-13 month interest only no pre- payment penalty
-2-4 points
-Closing 10-14 days


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SUBMIT YOUR LOAN SCENARIO:

Nick Hubbard | Senior Loan Advisor
e: hml@elitefactoring.com
o: 314-252-0299

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