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450
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16
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Joyce Ann Magallanes
  • Lender
  • NY
16
Votes |
450
Posts

Monday Reminder: Ground Up Does Not Require a Track Record

Joyce Ann Magallanes
  • Lender
  • NY
Posted

A lot of new investors assume ground up construction is only for people with a long build history. That is not always the case.

Our Ground Up Construction program is built for investors getting started as much as experienced builders. No prior construction experience required, financing up to 85% of cost*, 70% ARV*, and a 660 minimum FICO.

If new construction has been on your radar but you thought you needed years of experience first, this week might be a good time to run the numbers on that lot or teardown you have been eyeing.

*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
5.0 stars
25 Reviews
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