Build to Rent

On fewer than 2 acres, 1 to 10 residential units, townhouses, and townhouse type condos with 700+ square feet of gross usable area per unit.

Buyers can acquire an empty lot and construct, purchase a property that has to be torn down and rebuilt or refinance a lot that is already owned and ready to develop.

Model houses and custom-built residences. For 25 to 50 bps, non-recourse is available.

Per project, budgets range from $500,000 to $5 million per project with finance 90% of the purchase price/refinance payback, plus up to 75% of the ARV in building expenses.

Borrowers with a lot of experience just pay interest on their loans. With payment terms of 13 months, 19 months, or 24 months and interest rates as low as 4.99 percent.

There are no prepayment penalties or minimum interest rates, and we offer fast approvals. 

No upfront fees, tax returns, or income verification are required for streamlined underwriting and speedy funding in 3 to 6 weeks.

Lots should be fully entitled and ready to build within 90 days of funding. Lot does not need to be permitted at the time of close (appropriate permits must be provided before the first draw is requested)

• Nationwide, including urban, suburban, and rural areas
• 660+ middle FICO credit score
• Origination varies with construction experience in the last 3 years
• Lots must already be split and individually parcelled
• Water/sewer/well/septic must be lateral ready
• Can add an experienced partner as a co-borrower who owns 1%+ of LLC/Corporation 
• No subordinate debt is permitted
• No bankruptcy, foreclosure, short-sales, or deed in lieu in the past 3 years
• Foreign nationals and permanent residents are eligible for @70% LTC up to 60% ARV