Single-Family (1-4 Units)
These loans are specifically tailored to finance the construction or renovation of investment properties, providing investors with the necessary capital to complete their projects.
At May Capital Funding, our construction loan rates start at 11.29%. Our land and construction loans are typically used to finance both the purchase of the land and the construction of a new property. Reach out to one of our loan analysts to get the most up-to-date information on our loan programs, rates, and requirements. They will guide you through the application process and support you every step of the way.
CONSTRUCTION LOAN GUIDELINES
LOAN CRITERIA
Collateral: Non-Owner Occupied Single Family Properties, Condos, & Townhomes
Rates: Starting at 11.29%
Term: 12 Months to 24 Months
Loan Amount: $100K* – $3M (*Based on Loan Amount)
Minimum Property Value: $150K** (** As-Completed Value)
Credit Score: 650 Minimum
Max. Allowed Loan Amount: As is – up to 75%
ARV: up to 85%
Leverage Based on Experience: Documented experience in the past three years
Ready to build your new property?
Fill out our pre-application form now!
After filling out the form send it to [email protected]
LOAN APPLICATION DOCUMENT REQUIREMENTS CHECK LIST
