Looking for a $700,000 New Construction Loan on $1.3 Million Appraisal

[Dustin Tucker]

I am a lender and Broker at CTF Funding,

I'm looking for a lender that will do a partially complete new constuction in San Antonio, TX.

Lot Price: $197,000

Construction Costs: $1,250,000

ARV: $1,800,000

(Appraisal Came Back at $1.3)

4800 Sq.ft. New Construction

Borrower paid Cash for the lot and $600,000, of the construction

House is currently at Sheetrock stage inside, with roof completed and windows installed.

Looking for $700,000 to complete the house.

DM me for more details.

[Dustin Tucker]

Builder loan Non Owner Occupied,

4 Draws.