This program is designed for Borrowers who are acting as their own general contractor to construct a residential property.

The Normandy Advantage:

  • Borrower acts as own General Contractor (No site supervisor required)
  • Loan amounts from $100,000 to $3,000,000
  • Loan amounts up to 90% of the appraised value for loans of $425,000 or less and 80% for loans over $425,000 on single family, owner occupied, full income documentation. (Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts)
  • Land purchase may be included in the construction loan, up to 75% of the lot purchase price
  • Foreign Nationals are eligible for this program
  • Deal directly with the Loan Officer/Underwriter
  • Fast pre-qualification, typically within 3 to 5 business days
  • Closing typically within 21+/- days subject to receipt of required documentation
  • Loans are available to Borrowers with excellent to less than perfect credit
  • Flexible draw schedules
  • 1 to 4 family homes, see Multi-Family for more than 4 units
  • 12 month construction term
  • Interest only payments based on funds advanced


For a Rate and Fees quote call 800-390-7536 or Pre-Qualify Now

Loans available for owner occupied and non-owner occupied properties in the following states: CA, CT, DE, FL, IA, MA, MI, NC, NJ, NY, OR, PA, RI, VA, WA

Loans available for non-owner occupied properties only: AK, AL, CO, GA, HI, ID, IN, KS, KY, MD, ME, MS, MO, MT, NE, NM, OH, OK, SC, TN, UT, WV, WY