BUILD AND SELL  -  Nationwide

• Purchase land and build
 •  Credit score: 650
 • Loan Amount $75,000 - $5 million per unit
 • No prepayment penalty
 • 24 month term (w/ extension provisions)
 • Monthly interest only payments
 • Up to 85% loan to cost (LTC)
 •Up to 65% loan to value (LTV)
 • Discounted pricing for repeat borrowers

 

REQUIREMENTS

Latest three months bank statements

ID, passport, (US visa for foreign nationals)

Entity Documents (LLC or Corp), EIN & OP Agreement

Construction budget

6 months liquidity/reserves

Non-owner occupancy certification

SSN for credit report and background check

Evidence of insurance (full replacement + 500K liability) & builder’s risk insurance (if applicable)
 Signed loan application

 

Call or email today or use the Form provided Below to request information. No Cost or obligation.




Great Florida Lending, Inc

¡No Solo Soy Especialista en Hipotecas Revertidas, Tambien Soy Un Cliente!!!

2828 Coral Way, Ste. 470
Miami, FL 33145