Are you looking for a hassle-free solution to finance your construction projects? At ConstructionMortgages.com, we offer a comprehensive “One-Stop” loan that covers everything from land acquisition to construction financing. With competitive fixed rates, flexible terms, and a range of property types supported, our financing options are tailored to meet your specific needs.
Property Types
Our financing options are available for various property types, including:
- Single Family (spec) homes
- 2-4 Unit properties
- Townhomes
- Multi-Family buildings
Loan Features
- Interest Rate: Enjoy competitive fixed rates that suit your budget and financial goals.
- Prepayment Penalty: We believe in flexibility, which is why we have no prepayment penalties.
- Term: Choose a loan term ranging from 12 to 24 months, depending on your project requirements.
- Interest Reserves: We offer interest reserves that can be built into the loan, ensuring smooth cash flow during the construction phase.
- Loan Size: Our loans range from $500,000 to $5 million, providing you with the necessary funds to bring your construction project to life.
- Foreign Nationals: We welcome foreign nationals, making our financing options accessible to a diverse range of investors.
Acquisition and Construction Financing
- Acquisition: We can finance up to 50% of the land cost, helping you secure the property you desire.
- Amortization: During the construction phase, enjoy interest-only payments on the monies advanced, allowing you to focus on completing your project.
- Loan-to-Value (LTV): Upon project completion, we offer up to 65% LTV, ensuring you have the necessary funds to finalize your construction project.
- Construction Loan: We provide up to 100% of the construction cost, giving you peace of mind knowing that your project is fully funded.
- Loan-to-Cost (LTC): With up to 75% LTC, you can confidently undertake your construction project, knowing that the majority of the costs are covered.
- Custom Draws: Our in-house management team ensures quick and efficient custom draws, with an average turnaround time of 7-10 days.
At ConstructionMortgages.com, we understand the unique challenges of financing construction projects. Our One-Stop Acquisition and Construction Financing solution offers a seamless and comprehensive approach to funding your projects. With flexible terms, competitive rates, and a range of property types supported, we are your trusted partner in turning your construction goals into reality. Contact us today to discuss your financing needs and embark on your construction journey with confidence.
