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452
Posts
16
Votes
Joyce Ann Magallanes
  • Lender
  • NY
16
Votes |
452
Posts

Your First Ground Up Build Shouldn't Be This Hard To Fund

Joyce Ann Magallanes
  • Lender
  • NY
Posted

Lenders act like you need three completed builds before they'll fund you. I don't buy it. If the ARV math works and the FICO's there, the deal should stand on its own, not your resume.

✅ No prior experience required*
✅ Up to 85% of cost*
✅ 70% ARV*
✅ 660 minimum FICO*

Curious what others think, does experience actually matter, or is it just a lender comfort thing? Interested on the program? Send your scenario now. 

*Rates, LTV, and program terms are subject to change and vary based on borrower credit profile, property type, and market conditions. Not all applicants or properties will qualify. This is not a commitment to lend.


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Venture Estate Group LLC
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25 Reviews
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