• Loan amounts from $95,000 to $5,000,000
• Loan amounts up to 65%* of the appraised value or 75% loan to cost, whichever is less.
• Cross collateralization considered on other properties for maximum or greater loan amounts, loan to values, or loan to cost
• No minimum FICO required for consideration
• Limited income, self-employed, and full income documentation programs available
• Land purchase may be included in the construction loan
• Deal directly with the Loan Officer/Underwriter
• Foreign Nationals are eligible for this program
• Fast pre-qualification, typically within 3 to 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
• Flexible draw schedules
• Do not need to be a licensed Builder to qualify
• 1 to 4 family homes; For 5+ units, refer to Commercial Construction 
• 12 month construction term with extensions available
• Interest only payments based on funds advanced
• New Builders will be considered
  *All rates and terms subject to change without notice

          Rates and Fees
         (Based on credit score, income, savings and LTV)

• Rates:  Prime Rate plus 2.95% to 3.95%+  
• Loan Fee: 1.50% to 2.00% 
• Application Fee: $495 (Inspection fee may apply)
• Fast Track Closing Fee: $1,250
• Underwriting Fee: $495
• Maximum Broker Fee: 1.50% to 2.00% (subject to Broker Compensation option)

*65% maximum loan to value on loan amounts up to $1,000,000, 60% maximum loan to value on loan amounts over $1,000,000

To start the pre-approval process, download the Loan Submission Form above and include a completed 1003, Tri-Merge Credit Report and appraisal, if available.