Matrix: Construction Lenders
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Bismark Mortgage Co.
1M 65 1M 1M 50K 9 85 Y Y 5 Y Y Y U Y Y Y Y
AZ CA CO ID IL MI NC OH OR TX UT WA Short-term spec financing for experienced homebuilders, building to sell.
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 12 Y Y 5 Y Y Y Y Y U 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.
2M 70 1M 2M 50K 552490YYYY5YYYYYY Y U YYYY
CA We are a direct, hard money construction lender. No minimum FICO score.
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 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.
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
424K 95 none none 150K 680 45 12 1 Y Y U Y Y Y
CO FL GA LA MN NC PA SC TX Single close construction loan with 12-month terms. Flexible draw schedule. LTV up to 95%.
3M 90 3M 3M 45K 600 13 70 Y 5 Y Y U Y Y
NATIONWIDE except: AK HI ID ME MT ND NH SD WY Direct hard money lender for fix-n-flips and spec home funding.
7-day closings, no junk fees, brokers always protected.
10M 70 4M none 100K Y Y 5 Y Y Y
DC DE FL GA MD NC NJ PA SC VA We fund up to 50% of land value or purchase price and 100% of construction!
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