Matrix: Construction Lenders
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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: firstname.lastname@example.org.
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Academy Mortgage Construction Lending
417K 97 417K none 90K 640 43 12 97 1 Y Y Y Y 12 Y Y
OR WA Specializing in owner-builder construction loans. academymortgage.com/branch/universityplace Jill Schock NMLS No. 857871
Bismark Mortgage Co.
1M 70 1M 1M 50K 9 85 Y Y 5 Y Y Y U Y Y Y Y Y
AZ CA CO ID IL MI NC OH OR TX UT WA Short-term, spec. financing for homebuilders.
Bridge Loan Financial
10M 60 10M 10M 100K 600 24 70 Y Y Y 5 Y Y Y Y Y Y Y U Y Y Y Y Y Y Y
CA Non-owner-occupied investment properties. Contact us at email@example.com or call 714-264-4660 direct or 888-257-8051.
Builder Finance Inc.
350K 80 350K 0 75K 0 11 Y Y 5 Y Y Y Y Y 8 Y Y
NATIONWIDE except: AK CA HI ID KS MI MS ND NE NM NV OK RI VT WV WY Financingbuilders, developers andinvestors for ground-up/vertical
residential construction, fix-n-flip and SPEC construction loans. Competitive rates and deferred interest.
6M 75 6M 6M 1K 600 18 75 Y Y 5 Y Y Y Y U Y Y Y Y
CA Crosswind Financial is a relationship-based, direct, private lender based in Los Angeles. We finance California’s top residential developers.
Equity Cap Fund Advisors
1M 150 1M 1M 25K 400 100 12 90 Y Y Y 5 Y Y Y Y Y Y U Y Y Y Y Y Y
NATIONWIDE except: AK AL IA IL LA MD ME MN NC NM SC SD VA VT WV WY Equity participationbridge loans for ground-upconstruction, addvalue
& developments on NOO residential real estate only. Up to 90%+ LTC/70% ARV/unlimited LTV.
Inner Core Capital
10M 70 5M 5M 50K 24 80 YYY Y5Y YYY YY Y U Y YY YY YY
CA New & finished construction, bridge loans available for plans and grading. Quick & easy qualifying. Brokers make more with us.
Call Robert at 888-552-4064.
2.5M 90 2.5M 2.5M 100K 16 90 Y Y Y Y 5 Y Y Y Y Y Y Y U Y Y Y Y Y
NATIONWIDE except: AR AZ DC IL LA MN MS ND NE NH NM NV SD VT WI WV Normandyspecializes inconstructionfinancing. Please call to discuss
specific program parameters with a loan officer. Some programs are not available in all states.
Pacific Premier Bank
10M 75 10M 3M 500K 680 18 80 Y Y Y Y 5 Y Y Y Y Y Y U Y Y Y Y Y
CA Southern California only. We finance the construction of residential, commercial and industrial properties for builders and owners.
Pyatt Broadmark Management
18M 65 18M none 250K 18 90 Y Y 5 Y Y Y Y Y Y Y U Y Y Y
AZ CO ID OR UT WA W Y Direct lender for new construction, development and bridge lending in 1st position DOT.
SDC Capital Funding
5M 75 5M 5M 500K 600 18 75 Y Y Y 5 Y Y Y Y Y Y U Y Y Y Y Y Y
CA Southern California only. We finance the construction of residential and commercial properties for builders and owners.
Seattle Funding Group Ltd.
6M 65 6M 6M 250K 600 24 25 Y Y Y Y 5 Y Y Y Y Y Y Y Y Y Y
AK CA CO HI ID NV OR TX UT WA For California properties, call the San Diego office at 858-751-0556. E-mail us at firstname.lastname@example.org.
Visit www.seattlefundinggroup.com or call us at 888-SFG-FUND (734-3863).
none 500K 500K 0 0 0 15 85 Y Y 5 Y Y Y Y Y U Y Y Y
AL C T FL GA IL MO NC NY SC TN Loans for construction of spec homes. NOO only. 65% max LTV. Rates start at 11% and range from 11%-14%.
12-month term. No PPP. No land loans or land development. No rural.
1 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
The Construction Lenders matrix includes
wholesale lenders and their 1-4 unit
residential, ground-up construction,
rehabilitation and renovation mortgage
loan programs for builders and owners.
1 Builder/custom. Borrower-owned lot:
maximum loan amount.
2 Builder/custom. Borrower-owned lot:
3 Renovation/rehab: maximum
4 Stated-income: maximum loan amount
5 Minimum loan amount
6 Minimum FICO
7 Maximum DTI%
8 Construction term, in months
9 Loan to cost (borrower equity)
24 of draws; U=Unlimited
25 Draw fees
27 Blanket loans
28 Gifted lot
29 Payment reserve
30 Interest-only payment loans
31 On-time completion bonus
32 Principal reductions with
33 No-payment option
34 Non-weather holdbacks
20 Construction completion
21 Prepayment penalty
22 Voucher disbursement
23 Draw disbursement
17 Mixed-use properties
18 NOO, 1-4 units, zoned
other than residential
19 Rural property
10 Legal entities
11 Foreign nationals
12 Foreign legal entities
13 Property in probate, heirs
14 SFR=1; Duplex=2; Triplex= 3;
Quadruplex= 4; All= 5
15 Few comps: dome, berm, log,
historical, ultra-modern, etc.
16 Manufactured housing (assembly
of mobile and modular homes)
LOAN LIMI TS BORROWERS
PROPERT Y TYPES
LENDERNAME 1 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