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View Full Version : Construction loans~ Owner/Non-owner


Loaner
01-23-2007, 04:07 PM
I have available to me construction loans that will cover:

Cost of land
Cost of building/structure
Closing costs of the loan
One year interest payments - no payments due for 12mo.
Contingency fund in case of cost overruns

This will work on owner occupied properties up to 90% ltv of future value. ie. 400k value they will lend 360k for costs.
This will work on Non-owner properties to 85% ltv of future value.

We can build SFR - 4 plex !

Unfortunatly this loan is only for Washington and Oregon states, I have many projects available that will work for non-owner homes if you want more information email me at financialevolution at comcast.net

Full Doc, Stated, no-ratio, No-Doc any doc type can work

If your score is lower then 620 you may still be able to get the loan but at a lower LTV.


Happy investing!

OregonLO
06-12-2007, 08:37 AM
I know this is an old post but I have a client who is interested in Building an office space. Is that something your company can do or is a 4plex the max?

noher
07-10-2007, 11:55 PM
I'm in need of construction loans... please let me know if there's a lender I can use here in CA.

thanks!