Matrix: Construction Lenders
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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.
Tell lenders you found them in Scotsman Guide
Bismark Mortgage Co.
425-283-5000 x104
www.bismarkmortgage.com
davidp@bismarkmortgage.com
1M 65 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
888-257-8051
www.bridgeloanfinancial.com
ehart@bridgelf.com
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 ehart@bridgelf.com or call 714-264-4660 direct or 888-257-8051.
Builder Finance Inc.
800-752-0401
www.builderfinance.com
team@builderfinance.com
350K 80 350K 0 75K 0 11 Y Y 5 Y Y Y Y Y 8 Y Y
NATIONWIDE except: AK CA HI MS ND NV OK RI VT WV WY Financing builders, developers and investors for ground-up/vertical residential construction,
fix-n-flip and spec construction loans. Competitive rates and deferred interest.
Crawford Real Estate Services Inc.
800-624-0399
www.crawford4funds.com
raustin@crawford4funds.com
2M 70 1M 2M 50K 552490YYYY5YYYYYY Y U YYYY
CA We are a direct, hard money construction lender. No minimum FICO score.
Crosswind Financial
310-597-4001
www.crosswindfinancial.com
info@crosswindfinancial.com
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
866-897-6966 x110
www.equityparticipationloans.com
info@equitycapfundadvisors.com
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 ID IL LA MD ME MI MN MT ND NE RI SC SD VT WY Equity participationbridgeloansfor ground-up construction,
add value & developments on NOO residential real estate only. Up to 90%+ LTC/70% ARV/unlimited LTV.
Flagstar Bank
www.flagstar.com/why
636K 90 none none 50K 680 45 12 1 Y Y U Y Y Y Y
NATIONWIDE except: AK HI One Close Construction requiring DU approve/eligible.
Florida Capital Bank Mortgage
904-472-2708
flcbmtg.mortgagebotlos.com
rverrino@flcb.com
424K 95 none none 150K 680 45 12 1 Y Y U Y Y Y
NATIONWIDE except: CO FL GA LA MN NC PA SC TN Single close construction loan with 12-month terms. Flexible draw schedule. LTV up to 95%.
LYNK Capital
407-476-2500
www.lynkcapital.com
info@lynkcapital.com
2M 70 2M none 100K Y Y 5 Y Y Y
DC DE FL GA MD NC PA SC VA We fund up to 50% of land value or purchase price and 100% of construction!
Normandy
585-256-2600
www.normandy.com
info@normandy.com
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
877-217-1893
www.ppbi.com
tcody@ppbi.com
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
206-971-0800
www.pyattbroadmark.com
peter@pyattbroadmark.com
18M 65 18M none 250K 18 90 Y Y 5 Y Y Y Y Y Y Y U Y Y Y
AZ CO GA ID NC OR SC TN TX UT WA W Y Direct lender for new construction, development and bridge lending in 1st position DOT.
SDC Capital Funding
818-342-9555 x202
www.sdccapitalfunding.com
shawna@sdccapitalfunding.com
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.
888-SFG-FUND (734-3863)
www.seattlefundinggroup.com
info@sfgfunds.com
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 info@sfgfunds.com.
Visit www.seattlefundinggroup.com or call us at 888-SFG-FUND (734-3863).
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:
maximum LTV%
3 Renovation/rehab: maximum
loan amount
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
26 Construction-to-permanent
(all-in-one loan)
27 Blanket loans
28 Gifted lot
29 Payment reserve
30 Interest-only payment loans
31 On-time completion bonus
32 Principal reductions with
re-amortization
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
LOAN CHARACTERISTICS
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