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How does a Ground Up loan work?
How does a Ground Up loan work?
more information about ground up construction loans
Ben avatar
Written by Ben
Updated over a week ago

Ground up loans are perfect for experienced real estate investors who want to build brand new dwellings. Here is some more info:

Loan amounts: $100,000 to $3,000,000
Type of collateral: 1-50 units, shovel ready
LTC: up to 85%

FICO: 650+

Experience: 2 or more in the past 3 years

ARV: up to 75%
Term: 12 months with extensions possible
Expected turnaround time: instant approval, instant term sheet and proof of funds, 7 day close

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