LOAN PURPOSE | New construction projects |
INTEREST RATE[1] | Rates as low as 9.95% |
LOAN AMOUNT | $300K to $20MM |
LOAN TERM | 12 months |
BORROWER TYPE | Individual or group |
EXPERIENCE | Based on prior 36 months |
MAX LOAN-TO-VALUE (LTV)[7] | 65 to 70% |
MAX LOAN-TO-COST (LTC)[8] | 80 to 85% |
LTV VS. LTC | We use the best calculation for your project |
CONSTRUCTION FINANCING | Up to 100% |
PROPERTY TYPE |
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City, State | Fort Wayne, Indiana |
Population | 270,402 |
Map Coordinates | 41.08°N 85.14°W |
Median Home Price | $124,400 |
Housing Units Owner Occupied | 66,487 |
Housing Units Renter Occupied | 38,927 |
Hard Money Loan Volume | $186,415,138.80 |
Rental Property Loan Volume | $229,290,620.72 |
Bridge Loan Volume | $65,245,298.58 |
Fix & Flip Loan Volume | $141,675,505.49 |