Residential Ground Up Construction Loans
As a nation-wide lender, Clontz Capital has access to some of the best construction loans in the country, which is why we aim to develop your real estate into wealth by financing your residential ground-up construction project. Our business to business lending extends to experienced LLCs, LPs, and Corporations looking for financing options on new construction or extensive reconstruction of single-family, 1-4 unit, and townhouse real estate property.
The flexible terms that we offer guarantee a solid experience for all investors, and our dedication to bringing a solution for you, however we can get it, lends to our goals of fitting loans to you, not vice versa – and that’s why we see results.
When you’re working with Clontz Capital, you’ll have access to:
- Market rates or better
- Up to $4M per loan
- 90% LTC
- Up to 75% LTARV
- Integrated interest payments
- Non-dutch interest
- No income, asset, or reserve verification
Even in the results, however, you have options, including your choice of a 12-24 month loan term to pay according to your needs and convenience that operates on no interest payments for the term of the loan. Our commitment to reliability is secured in our dedication to give your business the necessary tools to excel in your market.
Our employment of Non-Dutch interest payments, or unpaid balance, saves you money for the duration of the loan. This contributes to our assurance for not only a solution, but the highest achievable option available. As investors ourselves, we hold a perception from both sides, and our goal is to make the financing of your project as painless and efficient as possible, which is why we seek to encompass financing and refinancing options across the board, including:
- Purchase Financing
- Delayed Purchase Financing
- Refinancing options of both rate/term and cashout
Whatever your construction loan need may be, Clontz Capital has a solution for you. If you’re looking for a construction loan – ground-up or reconstruction – connect with our team, so that your property becomes your profit.
Project Qualifications
- Land must be entitled
- Utilities must be stubbed
- No rural areas
Borrower Qualifications
- Must have 5 completed GUC or Heavy Rehabs
- 680+ FICO
- No bankruptcies or foreclosures in the last 7 years
- No financial crimes or fraud on background report
