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480
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19
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Joyce Ann Magallanes
  • Lender
  • NY
19
Votes |
480
Posts

You Don't Need Prior Builds to Get Ground Up Financing

Joyce Ann Magallanes
  • Lender
  • NY
Posted

Most lenders won't touch a ground up deal unless you've already completed one. That rule keeps a lot of good land deals sitting on the sidelines.

We finance up to 85% of cost*, based on 70 percent of ARV*, with no prior construction experience required. The deal gets evaluated on its own numbers, not your resume.

If a lack of experience is the only thing standing between you and a build, that's worth questioning. Got land or a build lined up? Send your scenario today. 

*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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