Ground up loans are perfect for 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: 1-4 units, shovel ready
LTC: up to 90%

ARV: up to 80%
Term: up to 24 months
Interest: 8-9.5%
Origination fee: from 1.875%
Expected turnaround time: instant approval, instant proof of funds, 7 day close

Follow this link for more info: https://newsilver.com/hard-money-loans-ground-up/

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