New Construction Loans

DISCOVER LENDING OPTIONS

 NEW CONSTRUCTION LOANS 

New Construction Loan Blue.png

Description:

Land acquisition & construction A construction loan is a short-term loan that covers the costs of building ground-up construction for 1-4 residential and or 5+ multi-family.  After completion, the property would be then either sold or refinanced to pay back the construction loan.

 

Experience Level

Some
(2+ deals in last 3 years)

Terms

Residential Bridge: 6 to 12 months

Residential Rental: 30 years 

Credit Score

680 (min. FICO)

Interest Rate

6.5% to 10%

Points

No

Close Time

30 to 45 days

LTV

80%

LTC

(Rehab or New Construction)

75% to 85%

Loan Amount

$100k to $20MM

Geography

National availability

except ID, SD, ND, VT, MN, or rural areas

SIMPLE PROCESS - FAST CLOSING
TRUSTED SERVICE - GREAT TERMS

QUICK APPLY HERE!

CONTACT A LOAN SPECIALIST TODAY!

Giselle Cintron
GISELLE CINTRON

Head of Originations
e. giselle@parkrockcapital.com
o. +1.201.785.6229 x-230

Ed Shamlian
EDWARD SHAMLIAN

Relationship and Sales Manager
e. edward@parkrockcapital.com
o. +1.201.785.6229 x-222

New Construction Loans
New Construction Loans

Park Rock Capital is an asset-based direct lender. 

 

We are able to assist you on your next real estate investment — quickly and competitively.

 

Our highly experienced team works with real estate investors throughout the U.S and lends across major U.S. metro markets.

GET LOAN AND FINANCING TODAY!