New construction loans for builders with shovel-ready lots or teardown projects. Best for spec houses or model homes, infill, teardown or subdivisions.
New Construction
Up to 90% LTC, 70% LTV
Loans starting from $100k on up
13, 19, 24 month loan term options
Non-recourse available
Interest-only new construction loans, paying only on drawn funds
Construction loans for builders with a build to rent strategy. Save time, money, and headaches using our Build To Rent program.
Single Property and portfolio loan options
Fast, simple closings on both the construction loan and rental loan
13, 19, 24 month term options for the construction
5, 10, 30 year term options for the rental loan
Non-recourse available for build to rent loans
Free up working capital with a bridge loan for new construction financing on completed new home inventory or for model homes.
Fast closings
Exterior valuations (on a case by case scenario)
No Prepayment penalty
Up to 80% LTV
Non-Recourse available
13, 19, 24 month bridge loan term options
Single loans and portfolio blanket loans available
Consultation
Consultation is a must to uncover any potential opportunities in the deal, or other areas that may have a impact on the funding of the deal. Not to mention looking into other potential needs of the investor.
Complete Application
A Service Agreement and Online application is a must so that we can perform due diligence and underwriting on the borrower and the property to ensure we provide the right program and loan to the borrower and his/her property.
Move To Funding
Once we get an official approval, then we get busy working on closing your loan. By moving into funding, we work with the title company to help close the transaction as smoothly as possible.
https://DragonGlassCapital.io