Lenders
post your loan search matrixes scotsmanguide.com
PROGRAM DETAILS
SINGLE-FAMILY
RESIDENCES
BORROWER T YPES
1 Builder/custom-borrower owns lot:
a) Max loan amount and b) max LTV
2 Builder model/spec: Max loan amount
3 Builder sold: Builder owns lot and has
contract to sell: Max LTV
4 Corporations, trusts and legal entities
5 First-time builder with limited experience
6 Newly self-employed
7 Owner who is a builder
8 Self-build: Max LTV
20 100% CLTV
21 Additional advances
22 Blanket loans
23 Construction-to-permanent (all in one loan)
24 Draws on demand
25 Gifted lot
26 Payment reserve
27 Interest-only payment loans
28 Less-than-perfect credit
29 Line of credit
30 On-time completion bonus
31 Principal reductions with re-amortization
32 Remodel loans: Max loan amount
33 Stated income: Max loan amount
34 “No-Payment” option
Company Name
$
1a
%
1b
$
2
%
3 456
PROPERTY TYPES
9 Condos: High-rise
10 Condos: Low-rise
11 Land development
12 Log homes
13 Mixed-use properties
14 Manufactured mobile homes
15 Modular homes
16 Partially completed construction
17 Residential lot acquisition: Max LTV
18 Rural properties
19 Second dwelling on single tax lot
%%
7 8 9 10 11 12 13 14 15 16 17
$
18 19 20 21 22 23 24 25 26 27 28 29 30 31 32
$
33 34
Aztec Financial
800-663-0997
3M
60 3M
70 Y Y Y Y 60 Y Y Y Y Y
Y 60
YYYY
YYYYYY
Y 3M
3M Y
CA
CA only. May lend up to 65% LTV on construction loans.
Builders Capital Mortgage
800-975-3032
www.builders-capital.com
600K 80
65 Y Y Y Y 70
YY
YYYY
YYYYY
600K Y
CO ID MT OR UT WA
Crawford Investment Co.
800-624-0399
www.crawfordinvestmentco.com
3M
70 3M
70 Y Y Y Y 70 Y Y Y Y Y Y Y Y 30 Y Y
Y
YY
Y
Y
CA
Loans are considered on a case-by-case basis.
Exeter Holding Ltd.
516-338-7500
5M
65 5M
65 Y Y Y Y 65 Y Y
YY
Y Y 65
Y
YY
YY
YY
2M
CO CT NJ NY UT WY
Can also fund non-construction hard money loans.
Financial Resources National Inc.
800-950-6913
www.frnational.com
1M
65
1M
65 Y Y Y Y 65 Y Y Y Y Y
Y Y 50 Y Y
YY
YYYYY
1M
1M Y
NATION WIDE except: V T
Specializing in modular construction loans nationwide and offering stick-built only in New England.
Independent Mortgage
Co.
610-567-3100 x223
www.imc-loan.com
2M
95
80 Y Y Y Y 90
YYY
Y Y Y 70 Y
YYYYYYYY
2M
1M
DE NJ PA
Logan Investments
818-755-0880
www.loganinvestments.com
5M
60 5M
60 Y Y Y Y 60 Y Y Y Y Y Y Y Y 60 Y Y
Y
YYYY
5M
5M
CA
No minimum FICO, no red tape
Normandy
800-390-7536
www.normandy.com
2M
90 2M
75 Y Y Y Y 90
YYYY
Y Y 75 Y Y
YYYYY
YY
Y 2M
2M Y
NATIONWIDEexcept: AL AR AZ DC ID LA MN MS ND NE NM NV OR SD TX VT WI WV
Owner Builder Loan Services
800-543-5600 x114
www.ownerbuilderloan.com
415K 65
YY
Y 65
YY
YY
YY
YY
YYYYY
Y
NATION WIDE except: AK
GC or site supervisor not required. Not reimbursement loan -- pays directly to borrower. Increases & extensions provided.
Seattle Funding Group 4M
Ltd.
75
75 Y Y Y Y
800-974-8625
www.SeattleFundingGroup.com
AK CO HI ID NV OR TX UT WA
Seattle Funding Group of 5M
Arizona
70 5M
70 Y
Y Y 65
480-315-1515
www.sfgaz.com
AZ NM
Seattle Funding Group of 5M
California
75
75 Y Y Y Y
858-751-0556 CA
www.SeattleFundingGroup.com
United Midwest Savings
Bank
800-792-2265 x2263
www.umwsb.com
900K 95 350K 95
Y
Y 90
FL IN KY MI OH PA TN WV
YY
Y
Y
YYY
YYYYYYYYY 2M
2M Y
Y
Y
Y 50
Y
YY
YYYYY
YY
5M Y
All land must be free and clear for consideration.
YY
Y
Y
YYY
YYYYYYYYY 2M
2M Y
Y
Y Y Y 70 Y Y
Y
YY
Y
750K 400K
Will consider loans case-by-case; rehab allowed up to 80% of subject-to-value; will consider raw land alone.
WADOT Capital Inc.
206-362-4444
www.wadotcapital.com
1M
75
1M
75 Y Y Y Y 75
Y Y Y Y Y Y Y 70 Y Y Y Y Y
YYYYY
1M
1M
ID OR WA
LTVs based on Cost-to-Construction. ID, OR & WA only.
1a
1b
2
3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32
33 34
Scotsman Guide makes every attempt to ensure the quality of matrix and directory information, which all listed lenders verify or update monthly. Because of the production
cycle and dynamic nature of the industry, loan product terms and availability may not reflect the latest changes. Please contact lenders directly for the most-recent program
details. If you believe data is inaccurate or misrepresented, please e-mail: matrixfeedback@scotsmanguide.com.
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