Welcome to Georgia Construction loans
Georgia Builder
spec loans
We can help homebuilders, contractors,and developers get their next project off the ground. Our Spec loan program offers Construction financing.
Here is an example of just one of our programs.
Information:
- 24/7 online draw
- Financing up to not available of the total project cost.
- Loans up to not available LTV
- Loans to not available , NO committee approval on loans less than not available
- Up to not available loans to same builder within subdivision, market, or neighborhood.
- Lot draws up to not available of land value.
- Land equity and pre-paid costs can be used as down payment.
- No DTI ratio calculated.
- Corporations,Partnerships, and LLC's okay with personal guarantees by principal(s).
Qualifications:
- not available middle score
- 10% post-closing liquidity of the total loan amount.
- Min. GPM of not available
- Full Doc. only
- Builder with not available experience in the building/marketing of residential.
SFR's are accepted as GC's
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